Sahityashala » Finance & Markets » Asirvad Micro Finance Turnaround Asirvad Micro Finance Appoints G.D. Manoj Pasangha MD & CEO: Inside the ₹8,000 Crore Financial Turnaround Published: October 23, 2026 | Category: Corporate Banking & BFSI Leadership | Author: Sahityashala Financial Desk Exactly one year ago, Asirvad Micro Finance was bleeding capital at an unprecedented rate. Today, it is charting one of the most aggressive, meticulously engineered comebacks in India's non-banking financial sector. In a major leadership overhaul officially approved by the Reserve Bank of India (RBI), Asirvad Micro Finance Limited—the critical micro-lending subsidiary of gold-finance heavyweight Manappuram Finance—has elevated G. D. Manoj Pasangha to the role of Managing Director and Chief Executive Officer (MD & CEO) . G. D. Manoj Pasangha takes the helm following RBI clearance, tasked with stee...
LIVE MARKET AUDIT & RHP VERIFICATION: Updated on October 22, 2026, at 10:45 PM IST (End of Day 2 Bidding). Primary data verified against the official Red Herring Prospectus (RHP) filed with SEBI on October 15, 2026, and NSE/BSE exchange bid books. Jio Platforms IPO 2026: Complete Analysis of Price, Financials, Valuation and RHP Risks India’s largest corporate public offering—worth ₹30,213 crore —has officially crossed the Day 2 bidding threshold on Dalal Street. While retail investors chase a ~22% grey market premium, institutional desks are dissecting the October 15 Red Herring Prospectus (RHP) to weigh a 51.91% EBITDA margin against ₹1.04 lakh crore in long-term spectrum commitments. When Reliance Industries Limited (RIL) filed the official Red Herring Prospectus (RHP) for Jio Platforms Limited (JPL) on October 15, 2026, it set in motion a historic liquidity event. At the upper price band of ₹1,119 per share , the ₹30,213 crore capital raise o...