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Manappuram outlines capital infusion plan and leadership change
Manappuram Finance said it will invest ₹250 crore in its subsidiary and appointed a new Group CFO, signalling capital support measures alongside changes in senior financial leadership.
Manappuram Finance announced plans to invest ₹250 crore into its subsidiary to support business expansion and balance sheet strengthening. The company also appointed a new Group Chief Financial Officer as part of its senior management restructuring. The developments were disclosed amid ongoing efforts to streamline operations and improve financial oversight across group entities.