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 November 10 and 12, 2025.

Summary

MANBA FINANCE LIMITED has announced part redemption of two series of non-convertible debentures along with interest payment. Trading members are notified that trading in these debentures will commence with reduced face values from the specified effective dates in November 2025.

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 have been fixed for determining eligible debenture holders
  • Trading will continue with reduced face values post-redemption
  • Part redemption accompanied by interest payment to eligible holders

Debenture Details

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

  • ISIN: INE939X07135
  • BSE 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
  • BSE 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 record dates for determining eligible debenture holders
  • Trading in the debentures will be conducted with reduced face values from the effective dates
  • Members must update their systems to reflect the new face values for trading purposes

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 part redemption will provide liquidity to debenture holders while reducing the outstanding principal amount of MANBA FINANCE LIMITED’s debt securities. Trading members and investors must be aware of the reduced face values when transacting in these securities post-effective dates. The action is part of normal debt servicing operations and indicates the company’s ability to meet its debt obligations.

Impact Justification

Affects debenture holders of MANBA FINANCE LIMITED with specific record dates and face value reductions. Important for debt investors but limited to specific securities.