Manappuram Finance Rebounds After Debunking RBI Deal Delay Rumors - News Summed Up

Manappuram Finance Rebounds After Debunking RBI Deal Delay Rumors


Deal ClarificationManappuram Finance shares climbed Monday, January 12, 2026, after the company issued a strong clarification regarding speculative media reports about the Reserve Bank of India delaying Bain Capital's acquisition. Market ReactionShares of Manappuram Finance Ltd. rose 2.85% to ₹294 apiece around 9:30 am IST on Monday. Over the past year, Manappuram Finance shares have gained 71.5%. Next StepsMarket sentiment soured Friday on the unsubstantiated news, leading to significant investor apprehension and a broad sell-off in Manappuram Finance stock. Manappuram Finance stated it has provided regular updates to regulators concerning the proposed investment and acquisition of joint control by BC Asia Investments XIV Ltd. and BC Asia Investments XXV Ltd.


Source: Economic Times January 12, 2026 10:19 UTC



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