Description
Notice regarding part redemption of non-convertible 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. The debentures will trade with reduced face value of Rs. 55,552 per debenture effective August 8, 2025.
Key Points
- Company: MANBA FINANCE LIMITED
- ISIN: INE939X07135 (Code: 975775)
- Record Date: August 10, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 55,552 per debenture
- Effective date: August 8, 2025
- Settlement number: DR-691/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action for debt securities.
Compliance Requirements
- Trading members must note the reduced face value trading effective August 8, 2025
- Debenture holders on record date (August 10, 2025) will be eligible for part redemption and interest payment
Important Dates
- August 8, 2025: Effective date for reduced face value trading
- August 10, 2025: Record date for part redemption and interest payment
Impact Assessment
Medium impact on debenture holders and trading members. The part redemption reduces the outstanding principal amount, affecting the face value for future trading. Interest payment provides cash flow to investors while reducing the company’s debt burden.
Impact Justification
Corporate action affecting debenture holders with face value reduction and trading implications