Description

MANBA FINANCE LIMITED has fixed record dates for payment of interest and part redemption of two series of non-convertible debentures with reduced face values effective October 10, 2025.

Summary

MANBA FINANCE LIMITED has announced part redemption and interest payment for two series of non-convertible debentures. The company has fixed record dates for this corporate action, and trading in these debentures will commence with reduced face values from October 10, 2025.

Key Points

  • Two series of debentures are subject to part redemption and interest payment
  • MFL-12.6%-27-12-25-PVT (ISIN: INE939X07101) with record date October 12, 2025
  • MFL-11.75%-26-6-26-PVT (ISIN: INE939X07135) with record date October 10, 2025
  • Both debentures will trade with reduced face values effective October 10, 2025
  • Settlement number: DR-733/2025-2026

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note the reduced face values for both debenture series
  • Trading with reduced face values begins October 10, 2025
  • Record dates must be observed for determining eligible debenture holders

Important Dates

  • October 10, 2025: Record date for MFL-11.75%-26-6-26-PVT debentures
  • October 10, 2025: Effective date for trading with reduced face value for both series (Settlement DR-733/2025-2026)
  • October 12, 2025: Record date for MFL-12.6%-27-12-25-PVT debentures

Debenture Details

Series 1: MFL-12.6%-27-12-25-PVT

  • ISIN: INE939X07101
  • Code: 975290
  • Record Date: October 12, 2025
  • Reduced Face Value: Rs. 8,333 per debenture
  • Purpose: Part redemption and interest payment

Series 2: MFL-11.75%-26-6-26-PVT

  • ISIN: INE939X07135
  • Code: 975775
  • Record Date: October 10, 2025
  • Reduced Face Value: Rs. 44,440 per debenture
  • Purpose: Part redemption and interest payment

Impact Assessment

This is a routine corporate action affecting only holders of specific MANBA FINANCE LIMITED debentures. The part redemption will reduce the outstanding face value of these debt instruments. Trading members dealing in these securities should update their systems to reflect the new face values from the effective date. Market-wide impact is minimal as this affects a limited set of debt securities.

Impact Justification

Routine part redemption of debentures affecting only specific debenture holders of MANBA FINANCE LIMITED; limited market-wide impact.