Description

MANBA FINANCE LIMITED has fixed record dates for payment of interest and part redemption of non-convertible debentures with reduced face values effective from specified dates.

Summary

MANBA FINANCE LIMITED has announced part redemption and interest payment on two series of non-convertible debentures. Trading members are informed that trading in these debentures will commence with reduced face values from the specified effective dates following the record dates.

Key Points

  • Two series of debentures (MFL-11.75%-26-6-26-PVT and MFL-12.6%-27-12-25-PVT) are subject to part redemption
  • Record dates fixed for determining eligible debenture holders for interest payment and part redemption
  • Trading will continue with reduced face values post-redemption
  • Settlement numbers assigned: DR-752/2025-2026 and DR-754/2025-2026

Debenture Details

Series 1: MFL-11.75%-26-6-26-PVT

  • ISIN: INE939X07135
  • Scrip Code: 975775
  • Record Date: November 10, 2025
  • Reduced Face Value: Rs. 38,884 per debenture
  • Effective Date: November 10, 2025
  • Settlement Number: DR-752/2025-2026

Series 2: MFL-12.6%-27-12-25-PVT

  • ISIN: INE939X07101
  • Scrip Code: 975290
  • Record Date: November 12, 2025
  • Reduced Face Value: Rs. 4,167 per debenture
  • Effective Date: November 12, 2025
  • Settlement Number: DR-754/2025-2026

Compliance Requirements

  • Trading members must note the reduced face values for trading purposes from the effective dates
  • No action required from trading members beyond updating their systems with the new face values

Important Dates

  • November 10, 2025: Record date and effective date for MFL-11.75%-26-6-26-PVT series
  • November 12, 2025: Record date and effective date for MFL-12.6%-27-12-25-PVT series

Impact Assessment

This is a standard corporate action with limited market impact, affecting only holders of these specific debenture series. The part redemption will reduce the outstanding face value of the debentures, with trading continuing at the reduced values. Impact is restricted to debenture holders of MANBA FINANCE LIMITED who will receive partial redemption proceeds and interest payments.

Impact Justification

Routine corporate action affecting specific debenture holders of MANBA FINANCE LIMITED with predetermined redemption schedule and reduced face values