Description
BSE announces part redemption of debentures with record date September 10, 2025, reducing face value to Rs. 49,996 per debenture.
Summary
MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures with record date set for September 10, 2025. The debentures will trade with reduced face value of Rs. 49,996 per debenture effective from the same date.
Key Points
- Company: MANBA FINANCE LIMITED
- Debenture Code: MFL-11.75%-26-6-26-PVT (INE939X07135)
- Record Date: September 10, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 49,996 per debenture
- Effective date: September 10, 2025
- Settlement number: DR-712/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value effective from September 10, 2025.
Compliance Requirements
Trading members must note the change in face value for trading purposes from the effective date.
Important Dates
- Record Date: September 10, 2025
- Effective Date for reduced face value trading: September 10, 2025
- Settlement: DR-712/2025-2026
Impact Assessment
The part redemption reduces the outstanding face value of debentures, affecting the trading value and settlement amounts for existing debenture holders.
Impact Justification
Corporate action affecting debenture trading with face value reduction