Description
MANBA FINANCE LIMITED announces part redemption of debentures with record date August 10, 2025 and reduced face value effective August 8, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date is set for August 10, 2025, and trading will commence with reduced face value from August 8, 2025.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-11.75%-26-6-26-PVT (INE939X07135)
- 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 No. DR-691/2025-2026)
Regulatory Changes
Trading in the debentures will be conducted with the reduced face value effective from August 8, 2025.
Compliance Requirements
Trading Members must note the change in face value and ensure proper settlement procedures are followed from the effective date.
Important Dates
- August 8, 2025: Trading with reduced face value begins
- August 10, 2025: Record date for part redemption and interest payment
Impact Assessment
This corporate action affects holders of MANBA FINANCE LIMITED debentures with ISIN INE939X07135. The significant reduction in face value indicates a substantial part redemption, which will impact the market value and trading dynamics of these debentures.
Impact Justification
Corporate action affecting specific debenture holders with face value reduction