Manappuram Finance Appoints New Group CFO, Invests ₹250 Cr in Asirvad Micro

• Manappuram Finance appoints Buvanesh Tharashankar as Group Chief Financial Officer, effective December 26, 2025.
• Buvanesh, a Chartered Accountant with three decades of experience, previously served as CFO at RBL Bank and Jana Small Finance Bank.
• His new role involves strategic financial leadership, strengthening governance, and improving capital efficiency across the Manappuram Group.
• The company also approved an additional investment of up to ₹250 crore in its subsidiary, Asirvad Micro Finance Limited.
• Manappuram Finance shares rose 0.22%, hitting a 52-week high, and have gained nearly 11% over seven consecutive sessions.

Why It Matters: Manappuram Finance strengthens leadership with new Group CFO and boosts subsidiary investment.