Baring PE India boosts stake in Manappuram Finance
Baring Private Equity Partners India has increased its stake in gold loan company Manappuram Finance to 9.71% through an open market transaction.
According to a regulatory filing, the PE firm on Thursday acquired 1.8 million shares in Manappuram Finance for INR36 million ($640,000). The investment was channelled through Baring India Private Equity...
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