Gray Matters, Caspian sell entire stake in Indian School Finance to Manappuram

By Joseph RaiBinu Paul

  • 03 Jul 2018
Premium
Credit: Thinkstock

Manappuram Finance Ltd has agreed to acquire an 85.39% stake in Indian School Finance Company Pvt. Ltd (ISFC) for Rs 212.20 crore ($31 million), paving the way for the exit of the non-bank lender’s investors.Thrissur, Kerala-based Manappuram said in a stock-exchange filing on Tuesday the acquisition will be a key ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.