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Baring doubles stake in Manappuram; Scrip up over 10%

BY  Madhav A Chanchani
Baring India picked 1.4% stake in Manappuram last November through a secondary market deal & raised its holding since.

Baring Private Equity Partner India has doubled its stake to nearly 6 per cent in gold loan retailer Manappuram Finance Ltd over the last three months. The additional stake has been acquired for Rs 60-75 crore, according to...

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