Description
MANBA FINANCE LIMITED announces part redemption of debentures with record date August 16, 2025 and reduced face value effective August 14, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The company has fixed August 16, 2025 as the record date, with trading in reduced face value debentures effective from August 14, 2025.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-13.25%-28-2-26-PVT
- ISIN: INE939X07119 (975425)
- Record Date: August 16, 2025
- Effective Date: August 14, 2025
- Settlement Number: DR-695/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value from the effective date as specified by the exchange.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- Debentures will trade at reduced face value of Rs. 33,333.33 per debenture
- Settlement procedures to follow DR-695/2025-2026 guidelines
Important Dates
- August 14, 2025: Effective date for reduced face value trading
- August 16, 2025: Record date for part redemption and interest payment
Impact Assessment
This corporate action affects holders of MANBA FINANCE LIMITED debentures through partial redemption and interest payment. The reduced face value reflects the partial redemption amount, maintaining liquidity for remaining debenture holders while returning capital to investors.
Impact Justification
Standard corporate action affecting specific debenture holders with clear timeline and reduced face value