Mumbai, Jan. 12 -- The company termed the report factually incorrect and speculative.

In a clarification to the exchanges on 9 January 2026, Manappuram Finance said it has been making regular disclosures on the proposed investment by BC Asia Investments XIV and BC Asia Investments XXV. The transaction involves the acquisition of joint control along with the existing promoters.

The company said it has already received approval from the Reserve Bank of India for change in management at Manappuram Finance. Similar approvals have also been obtained for its subsidiaries Asirvad Micro Finance and Manappuram Home Finance.

These approvals were disclosed earlier through regulatory filings dated 17 September 2025 and 27 August 2025, respectively...