Description
MANBA FINANCE LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective August 21, 2025.
Summary
MANBA FINANCE LIMITED has announced the record date for part redemption of its non-convertible debentures along with interest payment. The debentures will trade with a reduced face value of Rs. 25,000 per debenture effective August 21, 2025.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-12.60%-5-3-26-PVT
- ISIN: INE939X07127 (975465)
- Record Date: August 21, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 25,000 per debenture
- Effective Date: August 21, 2025
- Settlement Number: DR-699/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value from the effective date
- All trading members are informed of the record date and face value changes
Important Dates
- Record Date: August 21, 2025 - for interest payment and part redemption eligibility
- Effective Date: August 21, 2025 - trading with reduced face value begins
- Notice Date: August 18, 2025
Impact Assessment
This is a routine corporate action with limited market impact. Only holders of MANBA FINANCE LIMITED debentures are affected. The reduced face value reflects the partial redemption, which is a normal debt management practice. Trading members need to update their systems to reflect the new face value for accurate pricing and settlement.
Impact Justification
Routine corporate action affecting specific debenture holders with clear timeline and reduced face value impact