SEBI issued an administrative warning to Manappuram Finance Ltd's Chairman, Mr. V.P. Nandakumar, for a 7-day delay in disclosing share encumbrances in 2018. The company stated this has no financial impact as it was issued in his personal capacity.
Manappuram Finance Ltd reported a technical violation of SEBI Insider Trading Regulations involving an inadvertent trade by an Independent Director's PMS provider. The company imposed a ₹20,000 penalty, which has been remitted to the SEBI Investor Protection and Education Fund. The transaction involved 2,111 equity shares valued at approximately ₹6.15 Lakhs.