Manappuram Finance Limited announced that at the board meeting held on January 24, 2023, the company approved the issuance of Secured, Non- Cumulative, Redeemable, Listed, Rated Non-Convertible, Taxable Debentures of face value of INR 0.1 million) for a principal aggregate amount of up to INR 11,000,000,000, on private placement basis.