Why SEBI rejected Bain-backed Manappuram unit Asirvad’s defence on fundraising
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Why SEBI rejected Bain-backed Manappuram unit Asirvad’s defence on fundraising

By Asha Menon

  • 29 Apr 2026
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Why SEBI rejected Bain-backed Manappuram unit Asirvad’s defence on fundraising
SEBI's logo on the facade of its headquarters in Mumbai. | Credit: Reuters

The Securities and Exchange Board of India has penalised a unit of Bain Capital-backed Manappuram Finance Ltd for ......

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