Kochi, NFAPost: The board of directors of Manappuram Finance Ltd has reappointed V P Nandakumar as the Managing Director and Chief Executive Officer with effect from April 01, 2024 upto March 31, 2029.
The appointment is based on the recommendations of the Nomination Compensation and Corporate Governance Committee and subject to the approval of shareholders at the 31st Annual General Meeting.
Manappuram Finance Ltd. is one of India’s leading gold loans NBFCs engaged in providing finance against used household gold ornaments.
Incorporated in 1992, the company has been promoted by Mr. V.P. Nandakumar (current MD & CEO) whose family has been involved in gold loans since 1949.
It is headquartered at Valapad in the Thrissur District of Kerala. The company went public in August 1995 and its shares are listed on the stock exchanges of Mumbai, Chennai, and Kochi.
