6th February 2023, Mumbai: Mr. VP Nandakumar, Managing Director &CEO, Manappuram Finance Ltd, bagged the Hurun India’s award for his remarkable achievements in the world of business. Mr Nandakumar received The Hurun Industry Achievement Award 2022 from top Hurun India officials at a function held in Mumbai. “I cherish this award as it recognises the contributions of Manappuram Finance in the non-banking finance space,” Mr Nandakumar said while receiving the award. “I consider the award as a recognition for the hard work of all the employees of Manappuram Finance, which has established itself as one of the leading NBFCs in the country,” he added.
Adi Godrej, chairman, Godrej Group, Cyrus S. Poonawalla, Managing Director, Serum Institute of India Ltd, Kris Gopalakrishnan, co-founder, Infosys Ltd and Sanjiv Goenka of RPG Group were the earlier recipients of this award.
About Manappuram Finance Ltd.
Manappuram Finance Ltd. is one of India’s leading gold loans NBFCs engaged in providing finance against used household gold ornaments. Incorporated in 1992, the company has been promoted by Mr. V.P. Nandakumar (current MD & CEO) whose family has been involved in gold loans since 1949. It is headquartered at Valapad in the Thrissur District of Kerala. The company went public in August 1995 and its shares are listed on the stock exchanges of Mumbai, Chennai, and Kochi. As of December 31, 2021, Manappuram Finance Ltd. had 5,021 branches across 24 states and 4 UTs with Assets under management (AUM) of ₹304.07 billion. The company’s net worth stood at ₹81.60 billion.