Description
MANBA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective August 21, 2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures with ISIN INE939X07127 (Code: 975465). The company has set August 21, 2025, as the record date for payment of interest and part redemption, with trading in debentures to commence at 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 Face Value: Rs. 25,000 per debenture
- Effective Date: August 21, 2025
- Settlement Number: DR-699/2025-2026
Regulatory Changes
Trading in the debentures will be conducted with reduced face value of Rs. 25,000 per debenture effective from August 21, 2025.
Compliance Requirements
Trading members are required to note the change in face value and ensure trading occurs at the reduced face value from the effective date.
Important Dates
- Record Date: August 21, 2025
- Effective Date for Reduced Face Value: August 21, 2025
- Notice Date: August 18, 2025
Impact Assessment
This part redemption affects holders of MANBA FINANCE LIMITED debentures, reducing the face value to Rs. 25,000 per debenture. Trading members must adjust their systems to reflect the new face value for accurate trading and settlement.
Impact Justification
Corporate action affecting specific debenture holders with face value reduction