Manappuram Finance appoints Deepak Reddy as CEO, Nandakumar continues as MD

Manappuram Finance Limited has announced that Mr. Deepak Reddy has formally taken charge as the Chief Executive Officer (CEO) of the company, effective August 1, 2025. The appointment was earlier communicated to stock exchanges on May 9, 2025.

Following this transition, Mr. V. P. Nandakumar, who previously held the dual role of Managing Director & CEO, will continue as Managing Director, with the CEO now reporting directly to him. The change in Mr. Nandakumar’s designation became effective at the close of business on July 31, 2025.

This leadership update has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also updated this information on its official website, www.manappuram.com.

Mr. Deepak Reddy now takes the helm at one of India’s prominent non-banking financial companies (NBFCs), known for its extensive portfolio in gold loans, microfinance, vehicle finance, and housing finance.

Disclaimer: This article is based on official exchange filings made by Manappuram Finance Limited. This does not constitute a recommendation to buy or sell any stock. Please consult a registered financial advisor before making any investment decisions.

Ahmedabad Plane Crash

News desk at BusinessUpturn.com

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}