The committee approved the issuance of private placement of rated, redeemable non-convertible debentures for an amount of Rs 150 crore with an option to retain over subscription up to Rs 350 crore aggregating to Rs 500 crore, it added.source https://economictimes.indiatimes.com/markets/bonds/manappuram-finance-board-approves-plan-to-raise-rs-500-crore-via-bonds/articleshow/77217118.cms
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