Manappuram Finance Limited, has in recent years, emerged as a leading non-banking financial company (NBFC) in India under the stewardship of Shri V.P. Nandakumar, MD & CEO of the Company. 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 IndiaÂs premium publication, ÂIndiaÂs Top 500 Companies 2014Â. -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. 2018 -Mphasis Corporation, a wholly owned subsidiary of the Company has acquired Stelligent Systems, LLC a US based. -Manappuram Finance launches Gold loan service at doorstep. 2019 -Manappuram Finance has completed acquisition of 99.81% of Equity Shares of Manappuram Comptech & Consultants Ltd. -Manappuram Finance has Acquisition of 100% equity shares of Manappuram Asset Finance Limited. -Manappuram Finance signs MoU with Autolite to finance electrical vehicles. 2021 -Manappuram Finance has acquired 2.72% of Equity Shares of Asirvad Micro Finance Ltd. 2022 -Manappuram Finance sees increasing demand for credit from the bottom of the pyramid. |
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