Manappuram Finance Limited Discloses SEBI Warning Against CMD in Personal Capacity:

Manappuram Finance Limited Discloses SEBI Warning Against CMD in Personal Capacity Manappuram Finance Limited, a leading Indian Non-Banking Financial Company (NBFC) specialising in gold loans, recently issued a disclosure to BSE Ltd, NSE Ltd and IFSC Ltd regarding receipt of a warning letter.

Background

The company said that the Securities and Exchange Board of India (SEBI) issued an administrative warning letter to Mr V.P. Nandakumar, Chairman and Managing Director, in his personal capacity.

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Details of the violation

The Securities and Exchange Board of India found that Mr V. P. Nandakumar did not report on time that he had pledged some of his shares in the company. He made those transactions between September 21 and September 24, 2018, but reported them only on October 11, 2018, about 7 days late. Because of this delay, he broke the disclosure rules under SEBI regulations.

Financial Impact

The company also clarified that the matter does not affect it, as the notice was issued to Mr V. P. Nandakumar in his personal capacity.

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Key Details

Particular	Details
Listed Company	Manappuram Finance Limited
Issuing Authority	SEBI
Date of receipt	24th April 2026
Type of communication	Administrative Warning Letter
Letter Issued Via	E-mail

Company's Disclosure

The company made the above disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.