Manappuram Finance Limited

In a broad daylight dacoity, five armed assailants decamped with Rs three lakh cash and 30.9 kg of gold worth Rs 9.3 crore, from a private finance company, keeping several persons hostage in Nagpur, police said today.

At a time when A R Sankaranarayanan was a Director of MFL, his wife Sarada Sankaranarayanan had sold 13,63,165 shares of the company for Rs 7.04 crore, but did not take prior approval for these transactions as required by the regulations.

The RBI decision comes after Manappuram Board passed a resolution to enhance the limit for purchase of its equity shares and convertible debentures by FIIs.

Daily limit in the company has been raised to 20 per cent from 5 per cent, the NSE said late on Wednesday.

Last month, the Reserve Bank of India had tightened rules for gold non-banking finance companies, and had kept the loan-to-value ratio at 60 per cent.

Shares in gold loan providers such as Manappuram Finance soared after a Reserve Bank of India (RBI) report proposed increasing the loan-to-value, or LTV, ratio to 75 per cent from 60 per cent currently. The ratio is an important tool that can vary the quantity of gold loans which a company can provide to customers.

At least 17.50 kg of gold and Rs 6.34 lakh in cash was stolen from the office of Manappuram Finance Limited, located in central Pune, police said. The incident took place in Bhavani Peth on Tuesday, police inspector Sandipan Sawant said.

Manappuram Finance Ltd has informed BSE that in terms of the prospectus dated August 09, 2011 filed with the Registrar of Companies, Kerala and Lakshadweep (the "Prospectus"), the public Issue by Manappuram Finance Ltd (the "Company") of secured, redeemable, non-convertible debentures (the "Bonds") of face value of Rs. 1,000...

Manappuram Finance Ltd has announced the following results for the quarter ended June 30, 2011: The Unaudited results for the Quarter ended June 30, 2011. The Company has posted a net profit of Rs. 1078.280 million for the quarter ended June 30, 2011 as compared to Rs. 461.510 million for the quarter ended June 30, 2010. Total Income has increased ...

Manappuram Finance Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 12, 2011 to August 18, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on August 18, 2011.

Manappuram General Finance & Leasing Limited has informed the Exchange that the Board of Directors have proposed a Dividend of Rs.2.5 per equity share (Face Value -Rs.10) ( before split) and Rs. 0.50 per equity share (Face Value -Rs.2) (after split) to be approved by the shareholders at the Annual General Meeting

Manappuram General Finance & Leasing Limited has informed the Exchange that the Register of Members and Share Transfer Registers of the Company will be closed effective from 14th July 2010 to 20th July 2010 (both days inclusive) for the purpose of Dividend. The Company has called the 18th Annual General Meeting on 20th July 2010.

In a broad daylight dacoity, five armed assailants decamped with Rs three lakh cash and 30.9 kg of gold worth Rs 9.3 crore, from a private finance company, keeping several persons hostage in Nagpur, police said today.

At a time when A R Sankaranarayanan was a Director of MFL, his wife Sarada Sankaranarayanan had sold 13,63,165 shares of the company for Rs 7.04 crore, but did not take prior approval for these transactions as required by the regulations.

The RBI decision comes after Manappuram Board passed a resolution to enhance the limit for purchase of its equity shares and convertible debentures by FIIs.

Daily limit in the company has been raised to 20 per cent from 5 per cent, the NSE said late on Wednesday.

Last month, the Reserve Bank of India had tightened rules for gold non-banking finance companies, and had kept the loan-to-value ratio at 60 per cent.

Shares in gold loan providers such as Manappuram Finance soared after a Reserve Bank of India (RBI) report proposed increasing the loan-to-value, or LTV, ratio to 75 per cent from 60 per cent currently. The ratio is an important tool that can vary the quantity of gold loans which a company can provide to customers.

At least 17.50 kg of gold and Rs 6.34 lakh in cash was stolen from the office of Manappuram Finance Limited, located in central Pune, police said. The incident took place in Bhavani Peth on Tuesday, police inspector Sandipan Sawant said.

Manappuram Finance Ltd has informed BSE that in terms of the prospectus dated August 09, 2011 filed with the Registrar of Companies, Kerala and Lakshadweep (the "Prospectus"), the public Issue by Manappuram Finance Ltd (the "Company") of secured, redeemable, non-convertible debentures (the "Bonds") of face value of Rs. 1,000...

Manappuram Finance Ltd has announced the following results for the quarter ended June 30, 2011: The Unaudited results for the Quarter ended June 30, 2011. The Company has posted a net profit of Rs. 1078.280 million for the quarter ended June 30, 2011 as compared to Rs. 461.510 million for the quarter ended June 30, 2010. Total Income has increased ...

Manappuram Finance Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 12, 2011 to August 18, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on August 18, 2011.

Manappuram General Finance & Leasing Limited has informed the Exchange that the Board of Directors have proposed a Dividend of Rs.2.5 per equity share (Face Value -Rs.10) ( before split) and Rs. 0.50 per equity share (Face Value -Rs.2) (after split) to be approved by the shareholders at the Annual General Meeting

Manappuram General Finance & Leasing Limited has informed the Exchange that the Register of Members and Share Transfer Registers of the Company will be closed effective from 14th July 2010 to 20th July 2010 (both days inclusive) for the purpose of Dividend. The Company has called the 18th Annual General Meeting on 20th July 2010.