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 record date of August 10, 2025. Trading in the company’s 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 (INE939X07135)
- Security ID: 975775
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 55,552 per debenture
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value trading effective from specified date
- All trading in debentures must reflect the new reduced face value
Important Dates
- Record Date: August 10, 2025
- Effective Date of Reduced Face Value: August 8, 2025
- Settlement Number: DR-691/2025-2026
Impact Assessment
This is a routine corporate action with minimal market impact, affecting only holders of MANBA FINANCE LIMITED debentures. The part redemption will reduce the outstanding principal amount and adjust the trading face value accordingly.
Impact Justification
Routine corporate action affecting single company's debentures with limited market impact