Description
MANBA FINANCE LIMITED has fixed record date for part redemption of debentures with reduced face value effective August 8, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures with a record date of August 10, 2025. Trading in the debentures will commence with reduced face value of Rs. 55,552 per debenture effective August 8, 2025.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-11.75%-26-6-26-PVT
- ISIN: INE939X07135 (975775)
- Record Date: August 10, 2025
- Effective Date: August 8, 2025
- Settlement Number: DR-691/2025-2026
- Reduced Face Value: Rs. 55,552 per Debenture
Regulatory Changes
No regulatory changes announced. This is a standard corporate action procedure.
Compliance Requirements
- Trading members must note the change in face value
- Trading in debentures will be conducted with the reduced face value from the effective date
- All trading members are informed of the corporate action details
Important Dates
- August 8, 2025: Effective date for trading with reduced face value
- August 10, 2025: Record date for part redemption and interest payment
Impact Assessment
This is a routine corporate action with limited market impact. It affects only holders of MANBA FINANCE LIMITED debentures. The part redemption will reduce the outstanding debt securities of the company and provide liquidity to debenture holders.
Impact Justification
Routine corporate action affecting specific debenture holders with clear procedural impact