Description

MANBA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective November 14, 2025.

Summary

MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures (INE939X07119, Code: 975425) with a record date of November 15, 2025. The debentures will trade with reduced face value of Rs. 16,666.67 per debenture effective November 14, 2025 (Settlement No. DR-756/2025-2026). The action includes both part redemption and interest payment.

Key Points

  • Company: MANBA FINANCE LIMITED
  • Security: MFL-13.25%-28-2-26-PVT (Non-Convertible Debentures)
  • ISIN: INE939X07119
  • BSE Code: 975425
  • Record Date: November 15, 2025
  • Reduced Face Value: Rs. 16,666.67 per debenture
  • Effective Date: November 14, 2025
  • Settlement Number: DR-756/2025-2026
  • Notice Number: 20251111-51
  • Segment: Debt

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification for part redemption of debentures as per standard debt security lifecycle management.

Compliance Requirements

  • Trading members must note that trading in the debentures will be with reduced face value from November 14, 2025
  • Trading members should update their systems to reflect the new face value of Rs. 16,666.67 per debenture
  • Record date compliance for determining eligible debenture holders for interest payment and part redemption

Important Dates

  • November 11, 2025: Circular issued
  • November 14, 2025: Effective date for trading with reduced face value (Settlement No. DR-756/2025-2026)
  • November 15, 2025: Record date for part redemption and interest payment

Impact Assessment

Market Impact: Limited to specific debenture holders of MANBA FINANCE LIMITED. The part redemption will reduce the outstanding debenture amount and return capital to debenture holders.

Operational Impact: Trading members need to update their systems to reflect the reduced face value. The debentures will continue to trade but at the new face value from the effective date.

Investor Impact: Debenture holders as on record date will receive part redemption proceeds along with interest payment. Post-redemption, the face value per debenture will be reduced to Rs. 16,666.67.

Impact Justification

Part redemption affects debenture holders of MANBA FINANCE LIMITED with face value reduction. Limited to specific debt security holders.