Description

MANBA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective October 16, 2025.

Summary

MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures along with payment of interest. The record date has been fixed as October 16, 2025. Trading in the debentures will commence with reduced face value from the same date. The face value will be reduced to Rs. 22,222.22 per debenture.

Key Points

  • Company: MANBA FINANCE LIMITED
  • ISIN: INE939X07119
  • Scrip Code: 975425
  • Debenture Series: MFL-13.25%-28-2-26-PVT
  • Record Date: October 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 22,222.22 per debenture
  • Effective Date: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Regulatory Changes

No regulatory changes. This is a routine corporate action for debt securities involving partial redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from October 16, 2025
  • Debenture holders on record as of October 16, 2025 will be eligible for interest payment and part redemption
  • All trading and settlement systems must reflect the new reduced face value from the effective date

Important Dates

  • October 13, 2025: Circular issued
  • October 16, 2025: Record date for interest payment and part redemption
  • October 16, 2025: Effective date for trading with reduced face value (Settlement DR-737/2025-2026)

Impact Assessment

Impact on Debenture Holders: Debenture holders will receive partial redemption proceeds and interest payment. The face value per debenture will be reduced to Rs. 22,222.22, which represents a partial return of principal.

Market Impact: Limited to holders of this specific debenture series. Trading will continue with adjusted face value from October 16, 2025. This is a normal corporate action for debt securities and does not affect equity markets or broader market operations.

Operational Impact: Trading members must update their systems to reflect the reduced face value for accurate pricing and settlement of trades executed on or after the effective date.

Impact Justification

Part redemption affects debenture holders of MANBA FINANCE LIMITED with specific face value reduction, but impact is limited to debt security holders of this specific issuer