Description
MANBA FINANCE LIMITED has fixed record date for part redemption of debentures with reduced face value effective from August 14, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures with ISIN INE939X07119. The company has set August 16, 2025 as the record date for payment of interest and part redemption, with trading to commence at reduced face value 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
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 33,333.33 per debenture
- Effective date for reduced face value trading: August 14, 2025
- Settlement number: DR-695/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing debt securities regulations.
Compliance Requirements
- Trading members must note the change in face value effective from August 14, 2025
- All trading in these debentures will be conducted at the reduced face value from the effective date
- Debenture holders as on record date (August 16, 2025) will be eligible for interest payment and part redemption
Important Dates
- August 14, 2025: Effective date for trading at reduced face value (Settlement DR-695/2025-2026)
- August 16, 2025: Record date for part redemption and interest payment eligibility
Impact Assessment
This corporate action affects holders of MANBA FINANCE LIMITED debentures with ISIN INE939X07119. The part redemption will return capital to debenture holders while reducing the outstanding principal amount. Trading will continue at the reduced face value, affecting the absolute price but maintaining proportional value for investors.
Impact Justification
Standard corporate action affecting specific debenture holders with clear effective dates and procedures