Description
MANBA FINANCE LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective from August 21, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed August 21, 2025 as the record date, and trading will commence with reduced face value from the same date.
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
- New reduced face value: Rs. 25,000 per debenture
- Effective date: August 21, 2025
- Settlement number: DR-699/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value
- All trading activities must reflect the new face value from the effective date
Important Dates
- Record Date: August 21, 2025 - For determining eligibility for part redemption and interest payment
- Effective Date: August 21, 2025 - Trading with reduced face value begins
- Settlement: DR-699/2025-2026
Impact Assessment
This corporate action will directly impact debenture holders of MANBA FINANCE LIMITED. The part redemption reduces the outstanding principal amount, reflected in the reduced face value of Rs. 25,000 per debenture. Trading members and investors should adjust their records and trading strategies accordingly.
Impact Justification
Corporate action affecting debenture holders with face value reduction