Manappuram Finance Limited announced that Financial Resources and Management Committee of the Board of Directors of the Company at its meeting held on December 17, 2020 approved the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of INR 1 million each for and amount of INR 1000 million with an option to retain over subscription upto INR 3000 million aggregating to INR 4000 on private placement route.