Manappuram Finance Ltd has completed acquisition of 92.6% of Equity Shares of M/s Manappuram Comptech & Consultants Ltd by way of purchase of 25000 shares at Rs.365.37/- per share, for the total consideration of Rs 91,34,250 (Rupees Ninety One Lakh Thirty Four Thousand Two Hundred and Fifty.)
Acquisition of remaining 7.4% (2000 Equity Shares) is in process and will be completed by 31st August, 2019.
Shares of MANAPPURAM FINANCE LTD. was last trading in BSE at Rs.136.5 as compared to the previous close of Rs. 141.7. The total number of shares traded during the day was 446713 in over 2573 trades.
The stock hit an intraday high of Rs. 143.8 and intraday low of 132.8. The net turnover during the day was Rs. 61139293.