Description
MANBA FINANCE LIMITED has fixed record date of 20/11/2025 for part redemption of debentures and interest payment, with reduced face value of Rs. 12,500 per debenture effective from 20/11/2025.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE939X07127, Security Code: 975465) along with interest payment. The record date has been fixed as 20th November 2025. Post redemption, the debentures will trade with a reduced face value of Rs. 12,500 per debenture effective from 20th November 2025 (Settlement No. DR-760/2025-2026). The specific debenture series affected is MFL-12.60%-5-3-26-PVT.
Key Points
- Company: MANBA FINANCE LIMITED
- Security: MFL-12.60%-5-3-26-PVT (Non-Convertible Debentures)
- ISIN: INE939X07127
- Security Code: 975465
- Record Date: 20th November 2025
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 12,500 per Debenture
- Effective Date: 20th November 2025
- Settlement Number: DR-760/2025-2026
Regulatory Changes
No regulatory framework changes. This is a corporate action notification for existing debt securities.
Compliance Requirements
- Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from 20th November 2025
- Members should update their systems to reflect the new face value of Rs. 12,500 per debenture
- Debenture holders as per record date of 20/11/2025 will be eligible for interest payment and part redemption proceeds
Important Dates
- Record Date: 20th November 2025 - Eligibility date for interest payment and part redemption
- Effective Date for Reduced Face Value: 20th November 2025 (Settlement DR-760/2025-2026)
- Notice Date: 17th November 2025
Impact Assessment
Market Impact: Medium - The part redemption reduces the outstanding debenture amount, affecting liquidity in these specific debt securities. Trading members need to adjust their systems for the reduced face value.
Investor Impact: Debenture holders will receive partial redemption proceeds and interest payment. Post-redemption, the face value per debenture will be reduced to Rs. 12,500, which will affect the calculation of future interest payments and final redemption value.
Operational Impact: Trading Members must ensure their trading systems are updated to reflect the reduced face value from the effective date to prevent trading discrepancies.
Impact Justification
Affects debenture holders of MANBA FINANCE LIMITED with part redemption and face value reduction. Medium impact as it relates to specific debt securities rather than equity markets.