Interim report
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SINCE RA R MANAPPURAM FINANCE LIMITED Make Life Easy Reference No .: SEC / SE / 101 / 2026 - 27 Date : August 11 , 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001 Scrip Code : 531213 National Stock Exchange of India Limited 5th Floor , Exchange Plaza Bandra ( East ) Mumbai - 400 051 Symbol : MANAPPURAM India International Exchange ( IFSC ) Ltd 1st Floor , Unit No. 101 , The Signature , Building no . 13B , Road 1C , Zone 1 , GIFT SEZ , GIFT City , Gandhinagar , Gujarat - 382355 Dear Sir / Madam , Sub : Outcome of the Meeting of the Board of Directors of Manappuram Finance Limited held on August 11 , 2026 Ref : Our intimation bearing Reference No. SEC / SE / 100 / 2026-27 dated August 05 , 2026 We hereby inform you that the Board of Directors of the Company , as its meeting held today , i.e. , August 11 , 2026 , has , inter alia , approved the following : 1 . 2 . Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 , 2026 . Declaration of Interim Dividend of Rs . 1 / - ( Rupee One only ) per equity share of face value of Rs . 2 / - each ( 50 % ) . The interim dividend shall be paid / dispatched to the shareholders or their mandates : a ) Whose names appear as Beneficial Owners as at the end of the business hours on Monday , August 17 , 2026 , in the list of Beneficial Owners to be furnished by National Securities Depository Limited and Central Depository Services ( India ) Limited in respect of the shares held in electronic form ; and b ) Whose names appear as Members in the Register of Members of the Company as at the end of the business hours on Monday , August 17 , 2026 , after giving effect to valid request ( s ) received for transmission / transposition of shares and lodged with the Company / its Registrar & Share Transfer Agents on or before Monday , August 17 , 2026 . The Record Date for payment of Interim Dividend shall be Monday , August 17 , 2026 . 3. Raising of funds , including by way of issuance of listed Non - Convertible Debentures / Bonds and Commercial Papers , as part of the proposed enhancement of the borrowing limits of the Company to Rs . 1,00,000 crores ( Rupees One Lakh Crores ) , subject to the approval of the shareholders of the Company under Section 180 ( 1 ) ( c ) of the Companies Act , 2013 . CIN : L65910KL1992PLC006623 , Registered Office : W - 4 / 638A , Manappuram House , P.O. Valapad , Thrissur - 680 567 , Kerala , India Tel : 0487-3050100 , 3050108 Fax : 0487-2399298 E mail : mail@manappuram.com Website : www.manappuram.com
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4. Appointment of Mr. Ashish Singh (DIN: 01768711) as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Company with effect from January 01, 2027, for a period of five years, subject to the approval of the shareholders of the Company. 5. Continuation of Mr. V.P. Nandakumar (DIN: 00044512) as the Managing Director and Chairperson of the Company up to December 31, 2026, and his redesignation as Non-Executive Chairperson of the Board with effect from January 1, 2027. The redesignation shall automatically take effect on and from January 01, 2027. 6. Subject to the approval of the shareholders of the Company, variation in the objects relating to the utilisation of funds raised through the preferential issue of 9,29,01,373 equity shares allotted to BC Asia Investments XXV Limited and 9,29,01,373 warrants allotted to BC Asia Investments XIV Limited on a private placement basis, as approved by the shareholders of the Company at the extraordinary general meeting of the Company held on April 16, 2025 . 7. Certificate on utilisation of proceeds from issuance of Commercial Papers. 8. Disclosure under Regulations 52(7) and 52(7A) of the Listing Regulations regarding utilisation of issue proceeds of non-convertible securities for the quarter ended June 30, 2026. 9. Disclosure of Security Cover pursuant to Regulations 54(2) and 54(3) of the Listing Regulations for the quarter ended June 30, 2026. 10. Statement indicating no deviation or variation in utilization of proceeds raised through preferential issue of the equity shares of the Company pursuant to Regulation 32(1) of the SEBI Listing Regulations for the quarter ended June 30, 2026 The aforesaid approvals and disclosures are being submitted pursuant to Regulations 30, 32, 33, 42, 51 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Clause 4(a), Clause 4( h) of Para A of Part A and Clause (16) (b) of Para A of Part B of Schedule III to the Listing Regulations and other applicable provisions thereof. We are enclosing the following: a. Copy of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and three months ended June 30, 2026, as approved by the Board of Directors today along with the Limited Review Reports issued by the Joint Statutory Auditors of the Company, M/s. Chokshi & Chokshi LLP, Chartered Accountants, Mumbai and M/s. KKC & Associates LLP, Chartered Accountants, Mumbai. b. The details required to be disclosed pursuant to Regulation 30 read with Para A of Part A of Schedule III to the Listing Regulations read with the SEBI Master Circular dated January 30, 2026, bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 relating to the appointment of Mr. Ashish Singh as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Company are enclosed as Annexure I. c. The details required to be disclosed pursuant to Regulation 30 read with Para A of Part A of Schedule III to the Listing Regulations read with the SEBI Master Circular dated January 30,
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2026, bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 relating to the continuation of Mr. V.P. Nandakumar as Managing Director and Chairperson up to December 31, 2026, and his redesignation as Non -Executive Chairperson of the Board with effect from January 1, 2027, are enclosed as Annexure II. d. Disclosure under Regulation 30 read with Part A of Schedule III of the Listing Regulations in respect of enhancement of borrowing limits and proposed fund raising through issuance of Non-Convertible Debentures/Bonds and Commercial Papers, subject to shareh olders' approval is enclosed as Annexure III. e. Disclosure under Para 10 of Chapter XVII of SEBI Master Circular No. SEBI/HO/DDHS/PoD1/CIR/2024/54 dated May 22, 2024, regarding utilisation of proceeds of Commercial Papers (CPs) is enclosed as Annexure IV. The meeting of the Board of Directors of the Company commenced at 12:00 Noon and concluded at 4:10 P.M. This intimation is also being uploaded on the website of the Company at www.manappuram.com . You are requested to kindly take the above on record. This is for your information. Thanking you. Yours faithfully, For Manappuram Finance Limited Aparna Menon Company Secretary Enclosures: as above
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Annexure I Details required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular bearing Reference No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Particulars Name of Director Mr. Ashish Singh 1. Reason for change viz. appointment, re - appointment, resignation, removal, death or otherwise Appointment of Mr. Ashish Singh as the Managing Director & Chief Executive Officer and Key Managerial Personnel of the Company. 2. Date of appointment/re -appointment/ cessation (as applicable) & terms of appointment/re-appointment Appointment as Managing Director & Chief Executive Officer and Key Managerial Personnel of the Company for a period of five years with effect from January 1, 2027, subject to the approval of the shareholders of the Company. 3. Brief profile (in case of appointment) Mr. Ashish Singh is a seasoned banker with over 25 years of experience in the retail banking space, with particular focus on rural lending businesses and retail liabilities. In his latest stint, he has been Head of Retail Liabilities at IDFC FIRST Bank. Pr eviously, he was leading the Bank's Bharat Banking business, overseeing their entire asset product portfolio and branch network. He has also held senior positions at Fullerton India and ICICI Bank, with significant contributions to rural banking, product innovation, and financial inclusion. 4. Disclosure of relationships between directors (in case of appointment of a director) Mr. Ashish Singh is not related to any Director of the Company. 5. Affirmation that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI Order or any other authority - (Confirmation in compliance with SEBI master circular and erstwhile SEBI circular dated June 14, 2 018 read along with Exchange Circular dated June 20, 2018) Mr. Ashish Singh is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. 6. Whether the Director being appointed is disqualified from holding the office of director pursuant to provisions of Section 164 of the Companies Act, 2013 No. Mr. Ashish Singh is not disqualified from holding the office of Director pursuant to the provisions of Section 164 of the Companies Act, 2013.
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Annexure II Details required under Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular bearing Reference No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sl. No. Particulars Name of Director Mr. V. P. Nandakumar 1. Reason for change viz. appointment, re - appointment, resignation, removal, death or otherwise Continuation of Mr. V.P. Nandakumar as Managing Director and Chairperson of the Company up to December 31, 2026, and his redesignation as Non- Executive Chairperson of the Board with effect from January 1, 2027. 2. Date of appointment/re -appointment/ cessation (as applicable) & terms of appointment/re-appointment Mr. V.P. Nandakumar shall continue as Managing Director and Chairperson of the Company up to December 31, 2026. Consequent thereto, he shall be redesignated as Non-Executive Chairperson of the Board with effect from January 1, 2027. The redesignation shall automatically take effect on and from January 01, 2027. 3. Brief profile (in case of appointment) Not Applicable 4. Disclosure of relationships between directors (in case of appointment of a director) Not Applicable
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Annexure III Disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant Circulars issued thereunder Enhancement of Borrowing Limits and Fund Raising 1 Size of the issue Rs. 1,00,000 Crore (Overall borrowing limit subject to approval of shareholders) 2 Whether proposed to be listed? If yes, name of the stock exchange(s) As may be decided at the time of allotment by the Board of Directors or its Committee thereof, the NCDs /CPs shall be listed in either NSE or BSE. 3 Tenure of the instrument - date of allotment and date of maturity As may be decided at the time of allotment by the Board of Directors or its Committee thereof. 4 Coupon/interest offered, schedule of payment of coupon/interest and principal 5 Charge/security, if any, created over the assets 6 Special right/interest/privileges attached to the instrument and changes thereof 7 Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal Nil 8 Details of any letter or comments regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any Nil 9 Details of redemption of preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures As may be decided at the time of allotment by the Board of Directors or its Committee thereof
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@ MANAPPURAM FINANCE LIMITED Moke Li{e Eosy Date Autwt 11" 2026 To, BSE Limited Phiroze Jeejeebhoy Towers Dalal Sheet Mumbai-400001 Scrip Codq 531213 Certifi€ate pursuant to para 10 of Chapter XVII of SEBI Master Circutar No,SEByHO/DDHS/PoDVCTR/^12a| dated }lay 2i 2o2a Dear Stu/Madam, Pursuant to Para 10 of Chapter XVII of SEBI Master Circular No.SEBI/qOIDDHS/PoD7/CIR/2024/54 dated May 2Z 2024, we hereby certify rhat, for rhe quarterended June 30, 2025: 1. The proceeds ofcommercial papers (Cps) issued by the Company have been utilised for thepurposes as disclosed in the respective Disclosure Documents; and 2. The Company has complied with the Ilsting conditions specified under Chapter XVII of SEBIMaster Circular No. SEBr / HO / DDHS/ poDl / CrR/ 2024 / 54 da(]dMay 22, ;024. This certificate is being submitted in compliance with the aforesaid SEBI Masrer Circutar. ThanlinS you. Yours faithfully, For Manappuam Firance Limited Chanman & lvlanaging Dnecbr Croup ChieI Fnranciat Officcr & Chief FntaDcial oificer Place: Valapad CIN: t6591oKt1992P1C006623, RegitieBd Ollke rw 4/6384, Monoppurom House, PO. Vo opod,IhrisN, 680 567, Keroto, ndio Iel:0487 3050100,3050108 Fox:0487-2399298Emoi : do l@mono ppu,om. com websiie : www. tr,ono ppu rom.com
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KKC & Associates LLP Chartered Accountants (Formerly Khimji Kunveii & Co LLP) Sunshine Tower, Level 19 Elphinstone Road, lvlumbai- 400 013 Chokshi & Chokshi LLP Chartered Accountants 15/17, Raghavji 'B' Building, Ground Floor, Raghavji Road, Gowalia Tanb Off (emps Corner, Mumbai - 400 036 LLP Registration No. AAC-8909 lndependent Auditor's Limited Review Report on unaudited consolidated flnancial results for the quarter ended 30 June 2026 of Manappuram Finance Limited pursuant to Regulation 33 and Regulation 52(4) read wjth Regulation 63 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. TO, The Board of Directors of, Manappuram Finance Limited. Introduction 1. We have reviewed theaccompanying statement of unaudited consolidated financial results of lvlanappuram Finance Limited (the'Parent' or the'Company) and its subsidiaries (the Parent and its subsidiaries together rcferred to as the'Group') for the quarter ended 30 lune 2026 (the 'Statement), being submitted by the Company pursuant to the requirements of Regulation 33 and Reguiation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the 'Listing Regulations), including relevant circulars issued by the SecLrrities and Exchange Board of India from time to time, We have initialed the Statement for identification purpose only. 2. This Statement, which is the responslbility of the Company's I'lanagement and approved by the Company's Board of Directors, has been prepared in accordance with the recognitlon and measurement pdnciples laid down in the Indian Accounting Standard CInd ASJ 34'lnterim Financial Reporting' prescribed under section 133 of the Companies Act, 2013, as amended (the 'Act'), read with the relevant rules issued thereunder, the circulars, guidelines and directions issued by Reserve Bank of India (the'RBI) from time to time, applicable to the Company (the'RBI guidelines), other accounting prindples generally accepted in India and ;s in compliance with Regulation 33 and Regulation 52(4) read with Regulaton 63 of the Lisung Regulations and that it has been prepared in accordance with the relevaflt prudential norms issued by the RBI in respect of Income recognition, assets classifiaaton, provisioning and other related matters, to the extent those are not inconsistent with the Ind AS specified in section 133 of the Act. Our responsibility is to express a condusion on the Statement bas€d on our Scope of Review 3. We conducted our review ofthe Statement in accordance with the Standard on Review Engagements CSRE) 2410 - 'Review of Interim Financial Information Performed by the lndependent Audator of tie Entity', issued by the Institute of Chartered Accountants of India (the'ICAI'). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consisb of making inquiries primarily of peEons responsible for financial and accounting matters, and applying analytjcal and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing under 143(10) of the Ad and cons€quendy does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India (the'SEBI) under Regulation 33(8) of the Usting Regulations, as amended, to the extent applicable. 4, The Statement includes the financial results ofthe following entities: I{am€ of the entity Relationship llanappuram Finance Limited Parent I4anappuram Home Finance Limited Wholly owned subsidiary lvlanappurarn Insurance Brokers Limited Wholly owned subsidiary t Page 1 of 2
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KKC & Associat€s LLP Chartered Accountants Chokshi & Chokshi LLP Chartered Accountants Itame of the entitv Relationship Asinr'ad t4icro Finance Limited Subsidiary l4anappuram Comptech and Consultants Limited Subsidiary Canalusion 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the rcview reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement. prepared in accordance with the rec€nition and measurement principles laid down in the aforesaid Ind AS, read with relevant rules issued thereunder, the RBI Guidelines and other accounting principles generdlly accepted in lndia, has not disclosed the information required to be disdosed in terms of Regulation 33 and Regulation 52(4) read with 63 of the Usting Regutations, including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the RBI in rcspect of Income recognition, asset classification, provisioning and other related matters to the extent those are not lnconsislent with the aforesaid Ind AS prescribed unde. Section 133 of the Act. Other Matters 6. 't. We did not review the inte m frnancial results of four subsidiaries included in the Statement. whose financial results, reflect total revenues of fu.533.35 crores (before consolidation adjustment), total net prcfit after tax of Rs.33.75 crores (before consolidation adjustrnent) and total comprehensive income of Rs.36.18 crores (before consolidation adjustment) for the quarter ended 30 June 2026, as consjdered in the Statement. The frnancial results of these four subsidiaries have been reviewed by other auditors whose reports have b€en furnished to us by the Parenfs Management and ofi conclusion on the Statemenl in so far as it relates to the amounts and disclosures induded in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. The figures for the quarter ended 31 March 2026 as reported in these financial results are the balancing figures between audited figurcs in respect of the full previous financial year and the published unaudited year to date figures up to the third quarter of the previous financial year. ihe figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audiL Our conclusion on the Statement is not modified in resped ofthese above matters, For and on behalf of KKC & Associates LLP (formerly known as Khimii Kunverji & Co LLP) Chartered Account?nts ICAI Firm Registration Number: 105146WW100621 For and on behalf of Chokhi & Chokhi Lt Chartered Accountants ICAI Firm Registration Number: 101872VW100O45 lO.ct Vineet Saxena Partner -s;.1.^4e Soorei Kombaht ICAI Membership No,: 164366 UDIN:261ff 366lPSPSY4255 Place: valapad Date: ll August 2026 ICAI l4embershlp No.: 1 UDIN: 26100770STNNVU7446 Placervalapad Date: 11 Augud 2026 Page 2 of 2
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Manappur.h Flnan.. Limir.d negd. & Corp.Offlce:w4/633 & Manapruran Hou*, P,ovalap:d, Ttrissirr - 630567, xeEl., tndt. cr -r.65910xr.1992P1c006623 STATIMENT OT UNAUOIIEO COI{SOUDATEO FITIANCIAL NESULTs FOR THE OUARIEN EflDEO JUI{I :}O. 2026 ilSlun.26 30J!n.25 l1-Mr!26 (liiJ Fe6 and @mmks,onlnore (ivl Nel3ain/(lo$)onlanvaluechanBes {v) Net gain/(ro$) on der*osnitioh of finahcia lnsrruments (vi) Oth.r operatim lncome robl r4hu. lroh o!.E{ons {.1 {ril F*sandcoomcsioiexp.n* (iiil lmpaimeit on financial instruments (iv) Emplqe b€nefit eroens.s (v) oep@ciation.ndamorrizaion.,p.n* PBiV06) b€roE l.x (a+8-g lli) Dere ed tax lcredit)rcharse llri) rar rerairu to $nhr yea6 Plefi/(bir) ro. the Foriod lttt) Oth.r.ohpr€henr&e h@n./ {losl .) {il rhns thd wirr nor b€ @rasrrjed io r'ctua.ial Barns / (lo$e, on post r.ii€nenr benead prans lii) lh.ohe Lddir ro irem, rhat *irt not be .e. a$if€d to proflt or los l77.t4l 12,431 0.15 {0.02) 3&79 115.$ ,:, 17.13) {0.53} (1.o1 p.32) b) (i) ltem rhat wi I be rccla$ifi€d ro profit - Frn vatu. chancet on d.dv.riws d.signded as .ash flow h€dBs, net r Fan v.lue .hat€s oh rnverhed h€rd (ii) ln.ooe tax rcrarin, to .tem rhat wrrl be rkla$ifEd to lrofit or lo$ I38.26) 9.0s 15.95) Iot.t orh., .omrEhensL. r..de/ (ro$) rorr conpEh€nriE in.me/(roq) .o' rh. orher ohpEh.nsrv. rn@ne /{ro$l Tor.r @6pr.honlivs in@m€/ (lo$) P.ld{e €qdiy 3l':r. opi.,r {t:o El!. ot R3, V. Der tfi.rel t riri$ p3,equriyrhlE {not.nnu.liilg&ts r.ll# Fd.{ | _a.Gi ;i'J"fit., f^v:iN:,; (0.03) (s31) {2,,9:r) (s,37) u0.16) 115,94 (0o3) (10.24) r{ SO ($9 \3X7
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M.n.ppur.n Fln.nce Umlred neg.r. & Corp.Officew-a/$6 A, Manappurah HouE, P,O Val.p:d, Thrisur - 580557, Ker.l./ l.daa alN - 1r659101(t1992P1c0o5523 SEGMEI{I WISE OETAITS ON CONsOUDATEO BASIS 'OR IHI QUARTER ENDED TUI{E 3q 2025 2,72s.23 294.79 1,250.30 2,625.53 s€sh.nt R.sulb {Proit beio.e T.x} 154.t2 21.70 522.83 40.93 533.79 1431.211 1335 13l 4,632.24 52,341.59 6,160.52 10fi72\Nl
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Manappunm f in.n@ Umlted ReBd. & CorD,Ollie.W-4/63a A, Man.ppuEm Houre, P.O val.pad, Itrissur - 5&557, rcEta, lndia cr,L5591oXLt992PLC0o603 1 The above consolidated financial Esults of Manappuram ainance Linited ('Holding Company') ror the quarter ended lune 30,2026 ('financial resuhs") have been prepared in accordance with rhe rccognition and measurement princlples ot lndiao Accounting Standa.d {'t.d r.5')34- Interim FinancialReoortinA Drcscribed undersection 133 o, the companiesact 2013 (the "ad') read with conpanies lrndian accountjDs stard.rds) Rules,2ols as amended from time to rire, and other ac@untang p ri nciptes geoera tty accepted an tndia, the cn ubr, guidellnes and dnections i$ued by the Reserve Eank of india (RSr) fiom time to time (,RBt Culdelinei) and in compliance wirh Resulation 33 and 52 cad with Rerutation 63 {2} of Securitie, and Exc$ange Boa.d of hdia { SESI') {ListinB Obligations and Di3ctosse Requi.ements} ReSutations, 2015, .s amended (the thtins ieSurationi). 2 Th€ consolidated financaalresultsoftheGrcup inclrdethe unauditedlinanctat resutts ofthe hotdingcompany and its 5ubsidiaries namely, Atidad Micro Finance Ljmited, Manappuram Home Flnance Limjr.d, Manappur.m lnsurance Broke* Lrmited and Manappuram comprech and Consultants Limited,( rogerher .ef.red to as'Group ) whlch have been reviewed byrhe statutory auditotsofthe.especrive subsidiaries. 3 -rhe financial retults have been reviewed and recomnended by the Audjt Committee and.pproved by rhe Board of Dlredors of the Company ,t th€ir meeting held on August 10, 2026 and Ausust 11, 2026 4 The company's jolnt srarutory .rdftors for the nnancrat year 2o2r2z ftC & Associates LLplformerty Khhjr Kunveii & Co LLP), €hartered Aaountant and Choksha & chokshi LLP, chartered Ac@untants, have conducted the limited r€vlew of ihese n.anciat resutts and given an unnodified opinion thereon in their limited review repo.t dated Ausust 11, 2026 5 The Group bas reported segment information as per hdian Accounting standard 108 (hd As 1OO) on 'Operating Segments'- As per lnd A5 10& segments are identified haled on management's evaluation of fina ncial i nformation for loc.nis resou rces a nd .sse5sin g perlorma n.e. Acco.d in slv, rh. Grolo ha s idenrili ed two reponable 5es6ents. (1) cold loan and oth€E (2) Mhrcrinance 6 The Grolp has maintained requisite fullarset coEr by way of lloating cha.ge on loan pceivahtes and other unencumbercd assets ol the companyon it.seured Llsted Non conv€.tible Debentures as ar rune 30,2026 ercept in .ase of one tubsidiary,&lead Micro Fi.ance Limlted, which nas not cohplied wirh certain covenants related to PAR 90 and quarterlv prontability as oflune 30,2026atdlsclosed in irsfinancialresuttt. 7 ftefigurestorthe quanerended March 31,2026arethe bal.n.ingngures between auditedngures in respect of the year ended March 31,2025 andthe reviewed figurer for the nine monrhsended December3l, 2025. 8 fte management has assessed and disclosed the increme,ral impa.t or the N€w Labour codes on thE Groupt employee benetlt oblisations, based on the tnfo.mation avaitabte ar at the Eporting date, in a manrer coaristent wiih theguldance issued by the lnstitute oi chartered Accountantr of tndia (|OAD, Further, bas€d on the rtate regu lation e ,e leased by a few states in Mav 2026 the croup has recosniEd an eltimated incrementa! @st of Rs.s.2o Crore during the quarter, (FY 202s-25 Rs-1.87 C,ore) which has been tnctuded under 'Employee Seneflt tupenses' in there linancial results. The Group will continue to moniror turther developments includingthe finalizataon ofthe.entr.land 5rate rules unde.the New Labour Codes, which a.e yet to be notiried aod shall ev.luete and sive effect to any consequenthl ac.ountins adjustments, if any arisinetheE roh ln future reriodr, as and when requked. 9 PutruanttotheapprovalolthesoardoliheoirectortoftheCompanylnitsmeetinsheldonMarch30,2026, the Hordhg Clmpany h.s sobs.ribed towa,.ts right issue of equiry sha,es of ftr whotty owned subsidiery, Manappuram Home Fanance at parvalue ofRs.10/- pershare amounting to Rt.150 ctures on Apri|06,2026, 10 PlEuant to the apprcvalofthe Board olthe onectore of the conpanv in irs meetinsheld on March 30,2026, the Holdin8 Company has subsdbed tow.rds riAht ii5ue of 1r,91,38,333 equity shares of its subsidiary, Asltuad Micro Finance Limited at a pnce of Rsrr4/, per rhare for a totat amount of Rs.788.43 rorer whi.h were allotted on Aprjl lo, 2026, wherebythe roralholdinS of the HoldinS company in rhe satd 5ub5idiary has increased to 98.97% as on 30J@e 2026, u Pursuant to regulatlon 52{7) and 52(7A) of rhe sEBl {Lhtanc oblig.tions and Dlsclosure Requnement5) Reulationr 2015, the Holding companyconlirms rhat issoe proceedr of Non-convertlbb Dehentlres (Ncos) lssued by the Hodin8 companyduringthe quarter ended lune 30,2026 and ou$tardiD8 as arrune 30,2026 have been ltilized in previous yeac as per the objects stated in the ofier document. Further, the Uotdine company confnms that there have been no deviatioE, in the use of proceeds of lstue ol NCDS fio6 rhe objects stat€d in the offer document- fffi.',.^**s €e:r% ,rltrent i i,
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PuEuant to tie shareholders aere,tent dated March 20 202tthe HoldingCompanyhad received on Mar.h 2Z 2026 Ia) total Rs. 2,192-47 crore from BC Asia lnwstments )0(v Limited towardr the .llothent ot 929,01,373 equity sharet ata price of Rs.236l pir share whereby the holdingof aforesaid anvestor it 9,89%. {b) total Rs, 548,u.rcre from Bc asia lnvesrments xlv umited asainst the allotment ot 25% ort of the totil 9,29,01,373 share warrants at a price ol Rs,236/- per sharewa.rant. Tie b.lance amount receiv.bl€ rhallbe receiyed at thetime ol isrue olequityshares pursuanttothe exercire and conveEion of the warrants jnto ou.inc the qu.ner, bask intemal arproval, th€ Holdi.c Company ..d on. of the its subsidiarier, Manappurzm Home Finafte Umited have revis€d th€k Expected Gedit Los (ECLI model by updanog Probabllity ofDef.ult {PD), Loss civen D.fault {LcD}, Exposure at Defauk {EAD), fo ard macroe.onomlc aslmptiont bared on pe.tormance and risk characteri5tics of their curent portfolio. The* @isions are changes in a.counting estimates under lhd A5 and are r€cosnised prospectivelv. Consequent to the chanse, the Group has r€cognised an additlona I ECL p rovirion of Rs.125.25 c.ore in the Consolldated Financial Results rorthe quader ended ldne 30,2026. on lune 21,2026, the Board of DnedoE of the Holdins company har approved Srant of42&568 optionr to eligible enploy€4 at appllcabl€ B..nrexercise prke in a@ordancewith the "Manappuram Finance Limited - EmploYee Stoct option sch€me 202y ('EsOP 2025' / "Scheme') which h:ve been approved by the re3ulato,y authoritv on May 18, 2025 b.sed on the scheme .pprryed by the Soird and the Snareholders at the 33rd Annual General Meding held on Ausust 14 2025, in accordan.e eith the provltlons of the Companies Act, 2013 and SESi (Shaie Ba*d Employee B€netrts a.d Sweat Equity) Regulations, 2021. Duri4 thequarte. ended lune 30, 2025, one of tie Company'r subsidiarl€s, Asiruad Micro Flnan.e Llntred, did not meet the minimum quallring asset requkeme.t prescribed und€rthe Reserye Bark of lndia {Non- Bankins Financial Company - Micrennane lnstitution) olrcdiont 2025. Tie franagement h.s initlared appropriate .orective me.sures 3nd ir h the procesr ot rerionn8 .ompllance th.ou8h the rebaiancin8 of its The Grou, has applred irs nated.laccounting poli.ies i! rhe orepararion ofthisliftncial resulrs con3isre.t with thore fo,lowed in the @Mlidated nna,cial stateme.ts tor the ye.r ended 31 Ma,.h, 2026 The soard of Dkecto.s of the Holdln8 company io ,ts meetin3 held on Au8urt 11, 2026 declared interim dlvidendofRs.r-perequitysharehavinsfacevalueofRs-2/-eachforthefinancialye.r2026-27. Previous period/year Iigures have been regrouped/recla$ified, {herever nece5sarv, to.onlo.m wrth tie currcnt period presentation. 16 19 Keystandalonefinancrallnlorm.tion G glven belowl syo,ndolthe0oadolDll.do6 &anron ,nd Mai4r? orMor 1 2 3 Total @nprehensive inrcme 739.54 557.7t 514.55 2,153,rtl 37S,SZ 442.75 525,59 392.11 36663 7,65132 2,039.22 1"524.65 ,"645.44 lOr ",'- \r" yi;,;;;'{, t2
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KKC & Associates LLP Chartered Acrountants (Formerly Khimji Kunverji& Co LLP) Sunshine Tower, Level 19 Elphinstone Road, I4umbai - 400 013 Chokshi & Cnokshi tl-P Chartered Accountants 15/17, Raghavji'B' Building, Ground Floor, Raghavji Road, Gowalia Tanl! off Kemps Corner, Mumbai - 400 036 LLP Registration No. AAC'8909 Independent Auditor's Limited Review Report on unaudited standalone financial results for the quarter ended 30 June 2026 of Manappuram Finance Limlted pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requiremenb) Regulations, 2015, as amended. To The goard of Directors of Manappuram Finance Limited Introduction 1. We have reviewed the accompanying statement of unaudited standalone financial results of MarEppuram Finance Umited (the'Company) for the quarter ended 30 June 2026 (the 'Statement), being submitted by the Company puEuant to the requirements of Regulaton 33 and Regulation 52(4) read with Regulation 63 of the S€curities and Exchange Board of India (Listing Obligation-s and Disclosure Requirements) Regulations,2015, as amended (the 'Listing RegulationsJ, including relevant circulars issued by S€curities and Exchange Board of India from time to time, We have initialled the Statement for identificauon purpose only. 2. This Statemenl which is the responsibility ofthe Company's l'4anagement and approved by the Board of Directors of the Company, has b€en prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard CInd AS') 34 'hterim Financial Reporting' sp€cified in sectjon 133 of the Companies Act,2013, as amended (the'AdJ read with the relevant rules issued thereunder, the circulars, guidelines and directions issued by Reserve Bank of India (the 'RBl) from time to time, applicrble to the Company (colledively referred to as the'RBI guidelines). other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Lisiing Regulations and that it has been prepared in accordance with the relevant prudential norms issued by the RBI in resped of Income recognition, assets classification, provisioning and other related matters, to the extent those are not inconsistent with the Ind AS prescrjbed under section 133 of tfie Act. Our responsibility is to express a conclusion on the Statement based on Scope of Rcview 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements CSRE) 2410 - 'Review of Interim Flnancial Information Performed by the Independent Auditor of the Entitly' issued by the Institute of chartered Accountants of India (the 'ICAI'). This sbndard requires that we plan and peform the review to obtain moderate assurance as to whethe. the Statement is free of material misstatement, A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting mafters, and applyrng analytical and other review procedures, A review is substantially less in scope than an audit conducted m accordance with Standards on Auditing under 143(10) of the Ad and consequendy does not enable us to obtaln assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audi[ opinion. C6rclusion 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles lald down in the aforesaid Ind AS, read with relevant rules issued thereunder, the RBI Guidelines and other accountjng principles general,y accepted in India, has not disclos€d the information rcquired to be disclosed in terms of Reguhtion 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. or that it has not been prepared in accordance with the relevant prudential norms issued by the RBI in respect of lncome recognition, asset dassification, provisioning and Page 1 of 2
Page 15
KKC & Associates LLP Chartered Accountants Chokshi & Chokshi LLP Chartered Accountants other related matters to the extent those are not inconsistent \rrith the aforesaid Ind AS prescribed under Section 133 of the Act. Other l,latter 5. The figures for the quarter ended 31 March 2026 as reported in this Statement are the balancing figur€s between audited frgures in respect of the full previous frnancial year and the published unaudited year to date figures up to the third quarter of the previous financlal year. The figures up to th€ end of the third quarter of prcvious financial year had only been reviewed and not subjected to audit. Our Conclusion on the Statement is not modified in respect of the above matter. For and on behalf of KKC & Associates LLP (formerly known as Khamji Klnverji & Co LLP) Chartered Accountants ICII Firm Registration Number: 105146VW100621 ,..--, );44 Soorej Kombaht Partner ICAI Membership No.i 164366 UDIN:261643665QUHNT9189 Place: Valapad Dater 11 August 2026 For and on behalf of Chokhi & Chokhi LLP Chartered Accountants IC-AI Flrm Regislraton Number: 101872WW100045 u,PG#"" Partner IC-AI Membechip No.: 100770 UDIN:26100770QB1UN09563 Place: Valapad Date: ll August 2026 Page 2 of 2
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MaoappuEm f hance Limited Regd. & Corp.Offi.e: W 4/63a A, Manappuram House P.O Valapad, Thrissirr - 68056Z Kerala, rndia ctN - t65910K11992PtC006623 STATEMENT OF UNAUOITED STANOALONE FINANCIAL iESULTS FOB THE QUARTER ENDEDIUNE 30,2026 (R5.ln Crores, except perequityshare data) 30-lun 26 31Mar 26 30-lun 25 l1M3r 26 D E G l 3 c H I l( L Revenue from operations (li) Net sain/(lo$) on lairvalue chanses (iii) Net BBin/(lo$) onderecoenition of financialinsruments (lv) Fees aid commi$ion income (v) otheropeGtinslncome Total revenoe from o0eratlons {A) (ii) Feesand commission expense (ilil hpanmentonfinanclalinshuments (iv) Em p loyee be nefit expen ses (v) De preciatio n a n d a m ortiz atio n expe.5e Profft terore exceptionalhem .nd tax(A+&c) (ii) Defe ed tax (c.edit)/cha8e Net Prcfit for the 9€riod {rc} Other comprehenslve ln.ome/llo$) a) (i) ltems rhat will not be.edasified to - Actuaftlgain /ilossed on post reiirement benef it pla.s (ii)ln ome tax reiatingto items thatwili not be eclassilied to prcfit or loss b) (i) ltems thatwillbe eclassified to profit - Fair value chanaes on derivetives desisnated ascashflow hedses, net {ii) tncometar relatlnc to items that willbe recla$ified to proflt o. loss subtotal(h) Total other rcmDrehensive lncomo / 0o3s) (a+b) rotal comprehenste lncome forthe p€iiod(H+l) 2,577.?7 1.83 (30.18) 0.24 0.28 2,124.07 (0.78) 32.62 0.30 1.33 1,749.24 0.15 17.281 0.23 0.80 7,672.U (1.51) 15.58 0.95 4.86 2,543 44 7,L57.54 1,743.74 1,64t 12 587 2,544 9A 2,163.47 '7,651.42 7,7Ot.79 15.81 148.s1 347.73 58.98 177.10 931.80 79.77 215.56 377.96 57.79 713_70 6114.85 2t.51 7t.61 310.93 55.24 114,59 3,028.35 78.33 535.25 7,2@.27 229.aL 414.19 1,405.32 1,665.98 1,218.85 5,614 20 739 58 525 69 2,419.22 739 5a 497.43 525.69 2,019 22 19067 (2.86) 126.6s \4.74) 145.55 (11.97) 531.21 \22.701 551.77 115.52 39) 17 t,524.65 (s.63) L42 3.11 (0.78) 4.23 (1.07) 11.78 12.911 (4 21) 2.33 3.16 881 \44.721 1111 140.21 {35.30) (38.21) 9.62 749,77 l.17.771 (33 011 {28.s9) 112 02 131 22) (2s 43) 120.83 514 55 48216 366 68 1,645.48 Paid-up equiy sharc .npft.l (race varue of Rt.2/- Earnin8s per equity share {not annualised for the DllutedlRs.l M 4.47 4,47h 4.63 4.63 1A7,87 t5,749,64 ffi e accodDa.yins note5 iothe unauc ;rwry ,'tL 6Y-\i(*"Pel."'L I :\ ri 'l\lr-r-z
Page 17
Manappuram f inane Limited Regd. & Corp.Offl.a : W-4l638 l, Manappu.am House P.O Valapad, Ihrissu. - 680562 Keula, hdia ctl'l - 165910KU992P1C005623 NOTES: 1 The above standalon€ finanrial results of Manappur.m finance Limited l"Company") for the qua(er ended June 30, 2026 ("financial resultd) have been preparcd in accodence with the recognition and measurement pinciples of lndia. Accounting Standa.d l'lnd AS') 34 Interin Financial Reporting prescribed undersection 133 of the Companies Act 2013 {the "Act')rcadwith Companles (lIdbn AccountlnB Standard, Bules, 2015 as amended from time to time, and other a.cou.thg princip,es gener.lly accepted in lndia, the ci.cular, guidelines and directioff issued by the R6eNe Bankofhdia {R3r) trod tim6 to rime I'Rgr guidelines } and ln complbnce with Reg!,ation 33 and 52 read with Regulation 63 {2) of Ssurities and Excha.Be Board of ldia {'SEBI') {Usting Obligations.nd Disclo$re Requirements) negulatlons, 20tt as amended {the'Listing Regulationt). 2 The fina.cial retults hsve been review€d and rccommended by the Audit committee and approved by the Board of Directffi of the Company at their meetings held on August 10, 2026 and AugBt 11, 2026 respectively. 3 The Company's joint statutory auditors lor the fin.ncial year 2026.27, KKC & Associates LtP {{fome y Khimji (unverji & Co LLP), Cira.lered Accountants and Cholchi & Chokshl LLP, Chartered A.countana, hav€ co.ducted the limit€d review of these financial resultsand given an unmodified @nclusion thereon in thei. raiew repor dated Aususr 11,2026, 4 The Comqanyoper.tes mainlyin the blsin*s oflending in lndia.Accordin8r,thereare no separate reportable s.Cments as perlND AS 108 - Operaling SeCments, S Ihe ComOany hasmaintained requisite fullast.oE bywayoffloatingchargeonloan€eivablesandotheru.enclmbered assets ofthe Companv on its Secured l-isted Non-Convenible Debenturesas atJune 30,2026, 6 The management has assessed and disrlosed the infiementalimpac ofthe New Labou. Codes oo the Companys employee ben€fit obligations, based on the information available as at the r€porting date, i. a manner consistent with the guidance i5sued by the lnstitirte of Chartered Accountrnts of lndia (lcAu.fu.ther based on the ttate reBulations released by a few st tes in May 2026, the company has recocnised an estimated insementa|cost ol R'4,@ crore during the quarter (FY 2025-26: -n5.1.59 crcre), which has been inrluded und€r 'fhployee Benent Expensei i. these ffnan ial results. Ihe Codpany wil, dntinu. to monitor flrthe. developm€nts including the finalization of the centEl and state rules under the New Labour coder which are y€t to be ootified and shall evaluate and give effect to anv consequenlial accounting adjustments, if any aising the.efrom in future pe.iods, as and when 7 Dis.losure persuant to Reerve Bank of lndia (Non-Bantinc Financial companies - T66fer and Distribution of credit Risk) Directiont 2025 and Reserue Bankoflndia (Non- Sanl{ng finan.El Companies FrnancialstatemenB: Presentition and Dirlosures) Dire.tiont 2o2s(Updated as on April 1,2026), both dated Novembe. 28, 2025 as under: a)DetaitsofCo-lendingA.Bng€meots{aLA)a!apaftneriEdu.ingthequarte.endedJu.e30,2026: I otl.rni {noiln detault) a.qutrFd nt dur ns the qlaft er ended lune 30, 2026 Numberotaccounts(Nos ) 7tl tsresate principal oLtstandr[ of loans a.quired {rh croes) Welehted averape resldual maturitv (in months) 75 Weighled aver.ge holding period byo.lginator(in months) Retentior ol benellcial econom c interest bv the orisinato. coverase of lanErble seclritv coverae,D Ratina wise disUibution oirated loaos .) ouring the quarter ended .,une 30, 2026, th€ company has si8ned de€d of a$igoment with shnfam Asset Reconstructio. Private Limited ("SARC) and tcnstured identjfied pool of loa.s for a d3ide6tion of Rs. 39./(, c'ores. Puuuant to this t6Bfer and consequent derecognition ot the loant the company has reognised a lo5s of Rs, 12,,14 crores in the current qu3rter lhe company has subscrlbed to the securiw R€ceiots (-sB") ksued bv sARc-Trusr 14 amountincto ns.33.49 fiores These sRsshallbe tested imoatment ar per the extant RBlEuidelines and INDAS 109, financial instruments on a oeriodic basG. Sl. No. 7 ( ) Number of cLA pa rtfets 2 il) Number ofoutstandl.a cases t4,971 (ili)Amount ofGross OutstandinC {h Crore)' 104 53 2 weiehted averese rete ol interest 1r! 12 38* 3 Fees paid during theyear ({ in Cro€) Broad se.tor5 in which CLA wa5 hade 5 'Peiamonce ol laons under cLA la in crcte) *' r0453 ( )Stage I Details re ated to defauli loss cuarantee or'r,F'FJ oa.(nar.'6npd lo AR( durinAr\"q anp..ndFd lLr6l0 2026 Nunber or acco!nts (Nos.) 1452 Aasrerate principal outstandina of loans transfered(in crores) 5l 45 welehted averace residualtcnor ofthe oans transfetred {in months) 4012 N€t booklalu€ of loanstransfered {At ttE t me ofrra.sfed (ln c.o.es) 51.84 Aee.eEate conside.ationlin croresl Additional .onsideration realised in respect ofaccounts transfetred in earlier year Ni 67e3\\ ,i(.*n'no)! tv,
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Man.PPUcm Elnance Umlted Resd. & Corp.office ; \l/-4l63E A, Manappulam Houte, P O Valapad, Ihrlssur - 680557, KeBlt, lndla clN - [55910K11992P1C006623 lnformationarrequk€dbyReEulation52(4)ofsEsl(Ugti.sobli8.tionsandDls.losulenequilemeat)iegul.tlons20153samehde4 is attached as Annexure 1. PuEuantloregulation52(7)ands2{7A)ofthesEBl{ListingObliSationsandDlsdosir.eRequirements)ReBulations,2015,the company confirmsthat i$ue proceeds of Non{onvertible Debentlres INcDs)issued bv the companv during the qua'terended 30 lune2026andoutstandingasat]un€30,2026haveb€enlnilizedasPertheobjecrs'btedi.theofferdocument,.urther,the company @nfirms that there have been no d4iations, in rhe use of proceds of i5sue of Ncos f.om the obiects ltated in the offer Pursuanttotheshareholde.saSreenentdatedMar.h20,2O2StheComp.nvhadrece,vedonMa.ch2T,T026(a)r@ralRs'279241 c.ore from sc asia lnwstments xxv Limited towards the allotnent of 9,29,01,373 equitv sharet at a p ce of Rr.236/_ per sharc, wherebv the hotdi.S of aforesaid investor is 9.a9%. {b) rotal Rs. 54a.11 crore frcm BC A6ia lnvestmeutr xlv umited against the al]otment of 25% out of the total '29,01,373 share wamnts at a pri.e of Rs,236l per 5hare waiia& The balance amount .eceivable shal be received at the time of issu6 of equity shares pursuant to the exercit€ and convemion of the warrants into €quitv on ]one 23, 2026, the soard of Directors of the companv has approved crant of 428,568 options to eligible employees at applicable gEnt^xerclse p ce in accodance with the 'Manappurah Finance umited - Emplovee Stock option s'here 2025" ("EsoP 2025" / ;Sche me" ), which have be e n 3 pproved by the regulatory a uthoitv o n Mav 18, 2026 based on th e Sche me a pproved bv the Boa rd and the sharcholdeu at the 33rd Annual General Meeting held on AuEust 14 2025, in aeo'dance with the provisions of the companies Ad, 2013 and sEal (share aased Emplovee senefits and Sweat Equitv) ReBulations, 2021' ouri.sthequa.ter,basisinternalapproval,thecompanyhasrevigeditgExpededcreditto$(EcL)modelbyupdatingPrcbabilitYof oefa;lt Pot Los! Given oefault (LGD), Exposure at oefault (EAD), roMard madoeconomic a$umptions based on performane and .isk chracteristics of the curenl oortfolto. These revkions are cha.ges in accounti.g estimates under l.d AS and a.e recognised orosDectivetv. co.sequent to rhe change, the company has recognised an addition.l ECL provision of Rt.114 .6re in the stendalone Financial Resultsforthe qua.terended June 30, 2026 PursuanttotheapprovaloftheEoa.doftheDnedo.softhecompanyinnsmeetingheldonMarch30,2026,thecompanyhas slbscrjbed towar;s right issue of equitysha€s of its wholyowned subsidiary, ManappuGm Home Finance at parvatue of Rs.1ol' per share amounting to Rs,150 crores on April 06, 2026. puEuanttotheapprovatofrheEoardoftheDirectorsofthecomoanyhitsmeetinBheldonMarch30,2026,thecompanyhas subsc bed towalds dght isst]e of 1291,88,333 equity sharcs of its subsidbry Asiruad Micro Finance lmited at a price of R',44l' per share fo. a r6r.t amounr oI f,s.788.43 dores, which were allotted on april 10, 2026, ehe.eby the total holdinS of the Holding Companyinthe sald subsidiary has increased to 98,97%, The Boad of Diredors in its me€ting held on Augurt 11, 2026 declared interim dividend of fis- v- per equity sh e hali.E face value of 8s. 2/-each for the fin anciat Wat 2026'21. The companyhas apptied tt m ate ria t acco u nti.S policies in the prepaEtion oI these fi na ncial rcru lts co nsiste.t with those fo llowed in th€ sta ndalo ne fina ncia I statem€nts for the vea r e nded March 31" 2026. The figures for th€ quarter ended March 31,2026 arethe balancing ngures b€tween audited figures in r€spect of the year ended March 31, 2026 and the reviewed fiSures for the nio. months ended De.ember 3," 2025' 17 16 15 11 18 Prcvious leriod/Year fieures have been rcBlouped/reclassified, wherever necessary, to co.form with the curent geriod Date : Ausust 11,2025 chenman and Managin8 Dnector DN syOrde.ofthc Soard of DtE.to6 Manappu.am Finan.ellnited l-;' .
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@ MANAPPURAM FINANCE L!MITED Moke Li{e Eosy Disclosure in compliance with ReSulation 5214) ofSe.urnies and Exchange Board of lndja {Listins Oblisatio.s and Disd Regulations,20ls asatandforthequarte.end€dJone30,2026.- 30.r(1n.26 2 1.21 a Debt SeNlce CoveraEe Ratio lnte.est setulce Coverase Ratio outsiandinE redeemable prereence shares(quantity and value) Nll Capital Redemplion Reseruo N]L Debenlure Redemption Reserue l 16,403.08 Net ProlitAfterTaxins. n Cr) 55t.11 ) 587 ) 515 l Lons Term Debl To Workins Cao tal B:d Dobr(t A..ouni Rp.clu:hlp R:u. Total Debts To Total Assets 75 25,. o a 5 21.6aat 5 5e.tor Specif rc Equivalent Ratio5. i) Slag€ 3 Loan Assets to Gross LoanAssels It l.6e,a ii) N€t Stage S loan Assets to Gross Loan Assets t.t% iii) a 27.29v1 iv) P.ovision Coveras€ Ratio I 2A.1Av v) Lrquidity Coverage Ratio(LCR) 8 757.11% 'The informaiionturnished i5 hased on unaudited standalone financial rcsult, 1 Iheri8ures/ratios which arc not applacable to the Company, being an NBFC, are marked as'NA". , Debt tquity Ratio - {Oebt Securities + Sorowings(Othe, rhandebt B uirrre, , Subor drnaled - Liabrlties)/lEquity Share CapiEl + orher Iqurryl 3 Net Worth iscalculated as defned in 5€c 2(57)ofthe Companies Act,2013. , IordlD.btsTo IoralA5\.r\- {Dpbl sF.uriries, Bo owing, (Otherrhandeb!secuririest i Subordinared ' Uabilitis)/roElAsets s Net Profit Margl. {%) = Net Profrt afrer Tax / Ioral rn.one - Sta8e 3 Loan A5sets to Gro55 LoanAssets = staSe 3 Loan Assets/Gross Loan Assets (8ased oh prin.ipalamountb of toan assels) Net Stage 3 Loan A$ete to Gro$ Loan Arsete : {Sta8e 3 Lo.n Asets - Expected Credit loss p.ovision for Staa€ 7 3 Loan A$ets)/Gross Loan Assets (8ased on Principalsmount of Loan Assers),E4ected Credit Loss prolBon 3 9 Capital Adequacy Fatio and Liqoidity Cover.Be Ratio hes been computed as per RBI Gridelines ProvLson Cov€.age Ratio = Expect€d Credit Loss provision forSlage 3 Loan 3_--- €h.nman and Man.glng Dlrecror DlNrO0O44512 CIN: t6591 oKl I 992 PtC006623, Regislered Ollice : Iel : 0d87. 3050100, 3050108 Fox : 0,187 w-al638A, Monopporcm Houre, P.O volopod,Ih'is , '680 562 Kerold,lndid 2399298 E moil : moil@monopprom..om websi,e i www.monoppurom..om totazz,i) wtaoo<i ,
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@ MANAPPURAM FINANCE LIMITED Moke Life Eosy National Stock [xchange of India International Exchange India Limited (IFSC) Lrd 1st Floor, Unit No.101, The Signature, Buitding no. 138, Road 1C, Zone 1, GIFT SEZ, GIFT City, candhinagar, Gujarat- 382355 Dear Stu/Madam, Sub:- Security Cover turder ReSutations 54 (2) & 54 (3) of rhe SEB| (Lislin8 ObtiSarions andDisclosure Requirements) ReB!lations, 20ls Pursuant to ReSulations 5a(2) and 54(3) of rhe SEBr (Listing Obligations and Disctosure R€quiremenb) Regulations, 2015, please find enclosed the Security Covei Cerificate for the quarter ended June 30,2t26. Kindly take the same on record. Tha*ing you. Yours faitMull, To, BSE Limited Phiroze ]eeieebhoy Towers Dalal Strcet Mumbai- 400001 Scrip Code:531213 Company Secr€tary sth Floor, Exchange Plaza Bandra (East) Mumbai - 400 051 SymboL MANAPPURAM :jw:.**"''"',:l YI CIN:165910Kt1992PtC006623, Regisrer.d Ollic.: w,4/ 638A, Monoppu,om Howe, tO. Volopod, Thrisur 680 562 Ke,o o, tndio Tel:0487 3050r00,3050108 Fa,:0487 2399298E noil: moil@mdnoppurom com Websire: wwv.mdnoppurom com
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@ MANAPPURAM FINANCE LIMITED To, BSE Limited Phiroze J€€jeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code: 531213 Thanking you. Yours faithfully, For Manappuram Finance Limited Chairman & Managing Director Place Valapad National Stock Exchange of IDdia Limited 5th Floor, Exchange ptaza Bandra (East) Mumbai - 400 051 Symbol: MANAPPURAM Moke Life Eosy India International Erchange (rFsc) Ltd 1st Floor, Unit No. 101, The Signature, Buildin8 no.13B, Road lC, Zone 1, GIFI SEZ, GIFT City, Gandhinagar, Gujarat - 382355 Dear SirlMadam, Sub:.Certificare under Regularion 54(2) of rhe SEBI (Listing Obligations and DisctoBureRequirement6) Regulations, 20I5 This is to certiJy that Manappuram Finance Limited (,,the Company,,) has maintained r€quisite asset ::,::llo9"1 :l i 9.y", "s tle case^nr_ay be)for fts Secured Listed Non_Convertibre Debenrures as atJuneJU, 2u26, ds per the terms of the Offer Documenr/tnformation Memorandum and/or Debenrure lrust :-::1:oL:."I:t:'*n:n or flod rins (harse on book debrs and oLher enc,^0"r"a ,.,u1"., ,r," con,p",ysrg(rent to ctl,scharge the principal amount and the interest thereon at all times for the non_convertibledebt securities issued. Kindly take the same on record. Group Chief Financiat Officer & Chief Financial Officer CIN:t65910(tl992PiC006623,RegisteredOllke:w-41638A,Monoppu.omHouse,pOVoopod,Thrsu,-68056ZKeroo,ndo Te:0,187 3050100,30s010A lax:A4A7 238929A E mo I . moi @monoppu.om .om webn,e www.",unoppurom.om VALAFAD
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CHOKSHI & CHOKSHI LLP Cha11ered Accountants To The Board of Diredors Manappuram Finance Limited Independent Auditor's Certificate for the quarter ended 30.06.2026 on maintenance of s€.urity cover including compliance with all the financial covenahts in respect oflisted non-convertible debt securities issued by Manappurafi Finance Limited 1. This certificate is issued in accordance with the terms of our engagement as the loint Statutory Auditors of l'lanappuram Hnance Limited ('the Company'). Pursuant thereto, the Compan, having its registered office at W-4/638 A, Manappuram House, P.O Valapad, Thrissur, Kerala - 680 567, has requested us to issue a certificate for the quarter ended 30.06.2025 on maintenance of security cover, lncluding compliance wjth all the flnancial covenants in resped of listed non-convertible debt securities assued by the Company. 2. The accompanyinq Annexure I contains details of Security Cover as per the terms of Offer Documenv lnformation Memorandum and/or Debenture Trust Deed and compliance with Financial Covenants for listed securcd Non-Convertible Debentures (NCD5) issued by the Company, which were outstanding as at 30,06,2026. The sald Annexure I as at 30.06.2026 has been prepared and signed by the Management ofthe Company for the purpose of submission to the Bombay Stock Exchange Limited, National Stock Exchange Limited and Catalyst Trusteeship Limited (the"Debenture Trustee'), as per the terms ofthe Offer Documenv Information Memorandum and/or Debenturc Trust Deed, in accordance with the terms of Securities and Exchange Boad of India (the "SEBI'J circular rcference no, SEBI/HO/DDHS-POD-1/P1AN20251117 dated 13-08.2025 on revised format of security cover certificate (hereinafter referred as the "SEBI Circular") and in accordance wlth the terms of Regulation 54 read with Regulation 56(1) (d) of the Securjties and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (hereinafter referred as the "SEBI LODR'J. The accompanied Annexure 1 is initialled by us for the identification purpose only, Managementt Responsibility 3. The Management of the Company C'the Management') is responsible for the maintenance of the Security Cover and compliance with the a ll financial covenants of debt securities, including the preparation of Annexure 1 and preparation and maintenance of all accounting and other records and documents supporting such compliance. This responsibility Includes the design, implementatlon, and maintenance of internal controls relevant to such compliance with the SEBI LODR and applying an appropriate basis of preparation and making estimates that are reasonable in the circumstances. The Management is also responsible for the allocation of loans/receivables or any other assets offered as security enclosed as per Annexure 1. The Management is also responsible for compliance with the requirements of Debenture Trust Deed, including financial covenants on a continuous basis and provide all relevant information to the Debenture Trustee. 4. The Management is also responsible for ensuring that the Company complies with the requirements of the Companies Act, 2013, SEBI Circular, SEBI LODR and other relevant circulars and guidelines as applicable to the Company and for providing all relevant information to the Debenture Trustee and Stock Exchanges. 5. The Management is responsible for ensuring that, in respect of Loans, as per Ind AS 109, financial assets are classified based on the Company's business model for managing the assets and the contractual cash flow characteristics of the instruments. The Company's business model is primarily to hold financial assets with the objective of collecting conkactual cash flows arising from repayment of principal and receipt of interest the term of the loan. In line with the said business model of the Company and the "solely payments of and interest" (SPPI) criterion, such loans qualii/ for measurement at amortised cost. Hence, for the ofdetermjning the asset cover as on 30.05.2026, the loans have been considered at their amortised Cholchi & Chokshi LLP is a Limited Liability Partneship with LLP Registmtion No. AAC-8m9 Regd. Ofli.c: t 5/17, R!8havj i 'B' Blds., G@und Fl@r. Paghavj, Ro&l Gowalia TanL OII Kmps Cona, Munbai400036 Tel.: +91-22-2lEJ 6900 ;Fa :+91-22-2383 6901 ; Web: w.chokshimdchol6hi.@m Enait @nrad@chokliedchokhi.ir, I
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CHOKSHI & CHOKSHI LLP Chafiered Accountants mst (carrying value) in the books of account, aS this represents the recoverable contractual amount based on the Company's business model. Auditorh Responsibility 6, Pursuant to the requirementi of the SEBI Circular and SEBI LODR, it is our responsibility to provide a limited assurance and form a conclusion, based on our examination of the unaudited book of account and records of the Company for the quafter ended 30.06.2026, that nothing has come to our attenuon that causes us to belleve that the Company is not in compliance with mainGnance of the security cover including the compliance with all the financlal covenanb as mentioned in the Debenture Trust Deed tEsed on our review of the Annexure 1 and related supporting data/documents providd to us by the Company. 7. A llmited assurance engagement includes performing procedures to obtain sufficient appropriate evidence on the applicable criteria, as mentiond in paragraph 6 above The procedures performed vary in nature and tim'ng from, and are less extent than for, a reasonable assqrance. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been gbtained had a reasonable assurance engagement been performed. According y, for the purpoGe of this certificate, we have performed the following procedures for review of the details as per Annexure 1 : a. Traced the principal amount of the listed NCDS outstanding as on 30.06,2026 on test check basis from books and records of the Companyi b- Reviewed the asset cover details as per tie Debenture Trust Deed / Information Memorandum and the books and records of the Company on test check bastsi c. Verified the arithmetical accuracy of the Security Cover ratio computation; d. Reviewed the financial covenants on test check basis as per the Debenture Trust Deed/ Information Memorandum and the term sheet of the NCDS issued by the Company; and e. Performed necessary inqukies and obtained wriften representations from the Management, whercver required in this regard. 8. We conducted our examination of the Annexure 1. on a test check basis, in accordance with the 'Guidance Note on Reporb or Ce*iflcates for Sp€cial Purposes' (Revised 2016) issued by the Insftute of Chartered Accountants of India (ICAI) lthe "Guidance Note']. The Guidance Note reguires that we comply with the ethicnl requlremenE of the Code of Ethics issued by the ICAI. 9. we have complied with the relevant appllcable requirements of the Standard on euality Control (SeC) 1, Quality Control for Fims that Perform Audlts and Reviews of Historical Financtal Information, and Other Assurance and Related Services Engagements issued by the ICAI. Conclusion 10. Eased on the procedure performed by us as mentiond in paragraph 7 above, we, to the best of our knowledge and acording to the information, explanations and representation given to us, state that nothing has come to our attention that causes us to believe that; i. The book value of assets charged against the listed NCDS issued by the Company as mentioned in the accompanying Annexure 1 are not in agreement with the unaudited books and reco.ds maintained by the Company as at 30,06.2026 produced for our examination; and Company has not complied with all the financial covenants as mentioned in the Debenture Trust Chokshi & Chotlhi LLP is a Linited Liability PanleBliip with LLP Registrtion No. AAC-8909 R.sd, Offic.: I5ll?, RaghNji 'B' Bldg., Crcund Floo., R€havji Road, CoMlia Tanlq OffKemps Cohd, Mumbai-400{36 'Iel.: +91-22-2383 6900 j Fd : +91-22-2383 6901 ! Web: w.chokshiandchoksni.@m E-nail: mtad@tstok5hi&.lchokshi.i,
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CHOKSHI & CHOKSHI LLP Chaftered Accountants Restriction on Use 11. This certificate is issued based on specific request by the Company for its recod and onward submission to the Debenture Trustee and should not be used by any other person or for any other purpose. We shall not be liable to the Company or to any other concerned for any claims, liabilities or expenses relating to this certificate. Accordingly, we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come \,l/ithout our prior consent in writing. We have no responsibility to update this certificate due to any events or circumstances occurring after the date of issuance of this certificate. For Chokshi & Chokhi LLP Chartered Accountants Firm Registration No.101872WW100045 D-v Vineet Salena Partner lYembership No, 100770 UDIN:26100770UEXOG3375 Date: ll Augustr 2026 Place: Valapad Chokshi & Cho*shi LLP is a Linited Liability Partnmhip wilh LLP Registrdion No. AAC-8909 Regd. Officd 15/17, Raghavji 'B' Blds., c@utrd Fl@.. Raghalj; Road. co*alia Td& or Kehps coner, Munbai400036 Tel.: +91-22-2183 6900 ; Fd : +91-22-2383 6901 ; \treb: M-cholshiandchokhi.cotn E-mail @ntac1@chotshiddchoklhi.in
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@ MANAPPURAM FINANCE LIMITED Moke Life Eosy National Sto.k Exchange of India Intelnational Exchange India Li ited (IFSC) Ltd To, BSE Limit€d Phiroze Jeejeebhoy Towers Dalal Sheet Mumbai- 400001 Scrip Code:531213 For Manappuram Finan.e Limired 5th Floor, Exchang€ Plaza Bandra (East) Mumbai - 400 051 Symbol: MANAPPURAM 1st Floor, Unit No. 101, The Signa!ure, Building no. 138, Road 1C, Zone 1, CIFT SEZ, cIIrT City, Gandhiragar, Gujarat - 3823s5 Dear Sir/Madam, Sub: Disclosue under Regulations 52(4 and 52(7A) of the SEBI (Lisring Obligarions and Disctosure Requir€ments) Regulations, 2015 Purcuant to Regulations 52ln and S2(7A, of rhe SEBI (Listing Obtigations and Disclosure Requirementi) Regulations, 2015 read with SEBI bperational Circutar No. SEBI/HO/DDHS/DDHS DlvT/p / CIR/ 2022/ 0000000103 dated July 29;2022 please Iind enclosed rhe statement of utilization of Issue proceeds of Non-Convertible securities and statem€nt ofDeviation/Variation in Utilisation of Issue proceeds for dre quarter ended June 30 2026. Kindly take the same on record. Thanling you. Yours faithtully, .\< Pla.e: Valapad AparnaWlenon CIN: t6591oKt1992PtC006623, Regisiered Olfi..: W 4/ 638A, Monoppuroh House, CO. Volopod, Th,issur.68056Z Ke,olo, tndio 16l:0487'3050l00,305010AFo\:A4A7 n9929AEnoil: moil@moioppurom..om websire: www monoppurom..om
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@ MANAPPURAM FINANCE LIMITED Moke Life Eosy A. Statement of Utilizarion of Issue proceeds: Name of the ISIN Mode of Rnising nt) Eype of Dat€ of Raising Raised Utilized (Yesl\o) If8 is which the utilized if any 1. 2_ 3. 4. 5. 6. 7. 8. 9. 10. Limited INE5 221)O 7CK1 20/u/ 2026 Rs 525 ntln NO NA NIL ]NE5 22DO 7CL9 t 30/u/ 2026 Rs 650 NO NA NiL .,> C N, t659loKt I 992P1C006623, Regisier.d Olli.e: w 4/ 6384, Monoppurom Ho6e, P.O. Volopod, Th,issur 680 562 KeGio,lndE Tel:0-187 3050100,305010A Fox:a4a7 2399298ana,1. moil@monoppurom.om Webliie: www (o(,oppu,oirr..om ffi
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@ MANAPPURAM FINANCE LIMITED B. Statement of Deviarion / Variarion in Use oflssue proc€edsl Moke Li{e Eosy Parti(ulars Remaiks Name of listed entity Manapp!rah Finan.e Linited Nlode of fund raising 5ecured, Non-Cumular've, ReOeemaf t, Li*eO, nared Non Convedible Tarc ble Debenrures Date of raisinS fund, uOTOrTzozO 1 INrszoOrcKll ena 30/0,r/2026 0NE522F07CL9) Rs.525 cro.es (INE522D07CK1) And Rs.650 crores ( INE522D07CL9) Report filed for quarter ended Iune 30, 202ij Is there a deviation/va.iatio" i" r.e of ir^ts Luir"at NA Whetherany approval is required to vary rhe obj.crs ofthe issue stated inthe prospectus/offer docu mcnr? NA lf yes, .letaik of the appro*l s-"q.,i.ed NA Eiplanation for deviation/variation NA Cohments of the Audit Conmutee aftq revGi NIL Commenis of the Auditors, if any NIL CIN: 1659loKl I 992 PtC006623, Registercd Ollice : w - 4/ 63 8A, Mo noppu,om House, P O volopod, Ihrissu r 68056ZKerco.tndio Ie:0!87.3050100,3050108F.x:A4a7 X9929AEndlli moil@monoppurom com webrre: www monoppurom.om ffi
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@ MANAPPURAM FINANCE LIMITED Moke Life Eosy obiects rorwhich tunds have been raised dd where @g I ModifiedOricinal I - Obie(t. ifobject I I anv oiiginal Modified if any Utilized Amornt nf I Deviarion/ | Vdiationfor . I the qun ter ] I Remarkr- ac.ordingro I .ppljcable I ' obje.t (in Rs. I cror. md I i^%t I NA NA NA NA NA NA a. Deviafion in the objects or pur?oses for which the tunds have been raised. b. Deviation in the amount of tunds actuany uritized as against what was originaly disclosed. Thanl You, Yous faithfully, Group Chief Finan.ial Offi(er lnd ChiefFinancial Officer and ManrAinA CIN: t6591oKt1992PtC006623, R.ghi.red Oflk. : T.l:0-187.3050t00,3050108 Fox i 0,187 - w 4/ 6384, Monoppuiom Ho6e, P.O. Vo opod, Thr sur 680 562 Kero o, lnd o 2399298 E mo l: moil@monoppu/om.om webr re
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(& MANAPPURAM FINANGE LIMITED To, BSE Limited Phiroze Jeeieebhoy Towers DalalStrcet Mumbai 400001 Scrip Code:531213 National Stock Exchange of India Limit€d 5th Floor, Exchange Plaza Bandm (East) Mumbai 400 051 Symbol: MANAPPURAM Moke Life Eosy India International Exchange (IFSC) Lrd 1st Floor, Unit No. 101, The Signature, Blrilding no. l38, Road 1C, Zone 1, cIIrI SEZ, GIFT City, Gandhinagar, Gujarat - 382355 Dear SirlMadam, Sub: Statement of Deviation or Variation under Regutarions 32(1), ZZ(2) arld 32(3) of the SEBI(Listing Obligations and Dis.losure Requtuementsl negulations, Ztifi ' ' Pursuant to Regulations 32(1), 32(2) and 32(3) of the SEBI (Lisring Obtigations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the StatJment o;f Deviation or vadationin utilisation of Funds for the quarter ended Jurte 30, 2026, duly reviewed by the Audit commitree ofthe Company. The disclosue is being submitted in the fomat prescribed by SEBI and contains details relating todeviations, iI any, in the utilisation of proceeds raised ttuough prefermtial issue 6nd the category-wise variation between the projected utilisation of funds and theictual utilisation thereof. Kindly take the same on record. Thanking you. Yours faithtuI, For Manappuram finance Limited ^ -"rt0lr\r\9' , rw; ep*)N",on Company Secretary . Place: Valapad ctNt659t0Kt]992prc006623,RegitrecdOftkerW4/63EA,MonoppuromHouse,pOVolopod.rhrG!r-68056ZKeroto,ndid Tel 0n87 3050100,3050108 Fo\:048) 239929AEnoil: moll@mo.oppurom..om w€bsire: www oo, oppuotr loo
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@ MANAPPURAM FINANCE LIMITED Moke Li{e Eosy Crores Statenenr on dcviation / v.riation in utitisarion of fu nds riis(l tlmappurafr f_i. cc Linikd Modeofl.und R.isins Date ofR$hihg Iunds l7-03-2026 1.710.59 Report filed for Qurrter ended 0.06.2026 Nlon itoring A gency Na tr e, if appljcrble .lrisil Ralinss Limited l!therc. Deyiation/Variation in usc of If yes, whcthc. the sam. is pursu.nt to chahge in terns of a contrAct or objects, which was approv€d by the shareholders If Ycs, Date of sh.rchokler riprovat clN:165910K11992PtC006623, R.gkrered Oflke: W.4/ 6384, Moioppurom House, tO. Voldpod, Thrissur - 680 567, Keroto, ndio Ie|,0487 3050100,3050108 Foy:0487 2399298Ehail: moll@monoppurom..om W.bs i,e : www mon.ppurom com
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rc) MANAPPURAM FINANCE LIMITED Moke Life Eosy tirplsnalion for the D€viBti0 n / (lommcnt! ofthc audirors, ifany Objccts for shich funds hsle bccn rxised.nd where there has been a OrisinslObjcct Devi.tio. orvxriation coutd mrin: Deviition intheobjedsor purposes forwhich the tunds hsv. bcen r.hcd or {b)Deviation in the amount otfunds actu. y utitized as againsr what wss originaly rlisctosd ork) Changc in tertrs ofa contract refcrred ro itr the fund raising document i.e. prospectus, tetter ofofttr. ctc, rouD ChicfFinsncial Olfice. and Chicr Fin.nriat Otfircr ('Irirhnn and.Urnxging Dircctur CIN:t659l0Kll992PLC0O6623,RegisteredOllke:w.4/63SA,Monoppurdmfouse,p.OVoopod,Thrsu.6s056ZKeroto,ndo Te|,0487.3050r00,3050108tox:0487 2399298Enoil: moil@monoppu.om com Websie: www.monoppu.am com