Description
MANBA FINANCE LIMITED fixes record date for part redemption and interest payment on non-convertible debentures with reduced face value effective August 26, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures (INE939X07093) with record date fixed as August 26, 2025. The debentures will trade with reduced face value of Rs. 4,167 per debenture effective from the same date.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-12.60%-10-10-25-PVT
- ISIN: INE939X07093 (975151)
- Record Date: August 26, 2025
- Purpose: Part redemption of debentures and interest payment
- Reduced face value: Rs. 4,167 per debenture
- Effective date: August 26, 2025
- Settlement number: DR-702/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value effective from August 26, 2025, following the part redemption process.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed for transactions in these debentures from the effective date.
Important Dates
- August 18, 2025: Notice date
- August 26, 2025: Record date for part redemption and interest payment
- August 26, 2025: Effective date for trading with reduced face value
Impact Assessment
This corporate action affects holders of MANBA FINANCE LIMITED debentures through partial redemption and face value adjustment. Trading members need to update their systems to reflect the new face value for proper trade execution and settlement.
Impact Justification
Affects specific debenture holders with face value changes and redemption process