The board of Manappuram Finance in its meeting on 18 May 2012 has recommended final dividend at the rate of Re1.00 per share (50 paise normal and 50 paise one time 20th year commemorative dividend) equity share of Rs 2 each.
The board has appointed Jagdish Capoor as non executive chairman, who is the former chairman of HDFC bank with effect from 19 May 2012.
The board has appointed Sudhindra Khanna as nominee of Hudson Equity Holdings in place of Gaurav Mathur in the board meeting held on 17 May 2012.