Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 03 2018

Manappuram Finance to acquire 85% stake in Indian School Finance company

Hyderabad-based ISFC is a non-banking financial company that lends mainly to the education sector.

Manappuram Finance to acquire 85% stake in Indian School Finance company

Manappuram Finance Ltd said on Wednesday it has agreed to acquire an 85.39% stake in Indian School Finance Company Pvt. Ltd (ISFC) for Rs 212.20 crore.

Hyderabad-based ISFC is a non-banking financial company that lends mainly to the education sector.

The transaction is subject to approval of the Reserve Bank of India and other customary conditions precedent, Manappuram Finance said in a stock-exchange filing.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Looking for an opportunity helping you to set up your..
    Locations looking for expansion Maharashtra
    Establishment year 1995
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Others Food Service
    The Fresh Press is a young and a fresh startup..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Organic Products
    An umbrella that encompasses the well-being of our mind, body,..
    Locations looking for expansion Goa
    Establishment year 2020
    Franchising Launch Date 2021
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mormugao Goa
  • Diet Supplimentary
    HEALTHXP looking for franchisees, a lifetime business opportunity for you..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Malad west Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities