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Manappuram Finance Ltd. Company History and Annual Growth Details

YEAR EVENTS
1992 - The Company was incorporated on 15th July, and the Certificate of
Commencement of Business was obtained on 31st July.

1999 - The company proposes to diversify to two wheeler finance,
consumer durables etc.

2000 - ICRA has reaffirmed the MA ratings assigned to the Fixed Deposit
and Rs. 5 crore medium term debenture programmes of the company.
An MA rating has also been assigned to its new Rs. 5 crore
Debenture programme.

2006

-Manappuram General Finance & Leasing Ltd has appointed Mr I Unnikrishnan, Additional Director, as the Managing Director of the Company.

2007

-The Company has issued Bonus Shares in the Ratio of 1:1.

2008

-Manappuram General Finance & Leasing Ltd has appointed Mr. Ashvin Chadda as an Additional Director of the Company.

2009

- Manappuram General Finance & Leasing Ltd has appointed Mr. B. N. Raveendra Babu as an additional Director w.e.f. August 17, 2009.

2010

-MAGFIL opens its 1001st Branch at Thrissur town.

-Kerala superstar Mohanlal signs on to become the brand ambassador for MAGFIL in Kerala.

-Bollywood action-hero and superstar Akshay Kumar announces his endorsement of Brand Manappuram.

-Bollywood and Bengali film star Mithun Chakraborty signs on as Brand Ambassador for Bengal.

-Manappuram Finance has given the Bonus in the Ratio of 1:1

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2011

-Company adopts a new name, Manappuram Finance Ltd., in place of the earlier name Manappuram General Finance and Leasing Ltd.

-Manappuram Finance has given the Bonus in the Ratio of 1:1

2012

-Manappuram Finance Ltd has recommended to pay a final dividend of Re.1.00 per share

2013

- Manappuram Finance Ltd has appointed Mr. Rajiven. V.R as an Additional Director of the Companies .

2014

-Manappuram Finance - Manappuram Finance Acquires Milestone Home Finance

- Manappuram Finance launched the fourteenth edition of Dun & Bradstreet India’s premium publication, ‘India’s Top 500 Companies 2014’.

-The Registered office address of the Company has changed from V/104, Manappuram House, Valapad P. O, Thrissur-680567 to IV/470A (old) W/638A (new) Manappuram House, Valapad P.O, Thrissur-680567.

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