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News Topical, Digital Desk : Shares of Manappuram Finance Ltd. will be in the news on Thursday, March 19. This is because the Reserve Bank of India has approved Bain Capital to acquire a stake in the company. As part of the deal, the RBI has also approved a change in the management of the company and its subsidiaries, including Asirwad Micro Finance and Manappuram Home Finance.
How will common investors benefit?
With this approval, all necessary permissions have been received for Bain Capital's investment of approximately ₹4,385 crore. Both companies intend to complete this investment before March 31, 2026.
The agreement was signed in March 2025 and will be completed through Bain Capital's subsidiaries. Under this deal, Bain Capital will also make an open offer to purchase an additional 26% stake from common investors at ₹236 per share, in accordance with Securities and Exchange Board of India regulations.
Shares surged after approval .
The deal could increase Bain Capital's stake in the company from approximately 18% to 41.7%. On Wednesday, Manappuram Finance shares rose 5.65% to close at ₹271.35, although the stock has fallen approximately 14% so far in 2026.
Read More: Share Market: RBI approves Bain Capital deal for this company, shares expected to soar!
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