Manappuram Finance shares fall 2% amid reports of block deal

Shares of Manappuram Finance fell 1.98% at Rs 143.2 as of 9:47 a.m. after the company’s 11% share capital changed hands in a block deal on Aug. 24, Bloomberg reported. . However, details about the buyer and seller are still unknown. As of June 30, founding vice president Nandakumar holds a 29% stake in Manappuram …

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