Description

MANBA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 12, 2025.

Summary

MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is fixed as December 14, 2025, and trading in the debentures will commence with reduced face value from December 12, 2025.

Key Points

  • Issuer: MANBA FINANCE LIMITED
  • Security: Non-Convertible Debentures (ISIN: INE939X07242, Code: 977173)
  • Coupon Rate: 11%
  • Record Date: December 14, 2025
  • Reduced Face Value: Rs. 90,000 per debenture
  • Effective Date: December 12, 2025
  • Settlement Number: DR-776/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value of Rs. 90,000 per debenture effective December 12, 2025
  • All trading systems and records should be updated to reflect the new face value from the effective date
  • Investors holding debentures as of record date (December 14, 2025) will be eligible for interest payment and part redemption

Important Dates

  • December 9, 2025: Notice issued
  • December 12, 2025: Effective date for trading with reduced face value (Settlement DR-776/2025-2026)
  • December 14, 2025: Record date for interest payment and part redemption

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only holders of specific debentures of MANBA FINANCE LIMITED.

Investor Impact: Medium for debenture holders - Part redemption will return capital to investors, reducing their outstanding investment in these debentures. The face value reduction from original value to Rs. 90,000 indicates partial principal repayment.

Operational Impact: Low - Trading members need to update their systems to reflect the reduced face value from December 12, 2025. Standard operational procedure for debt instrument redemptions.

Impact Justification

Routine corporate action affecting only debenture holders of MANBA FINANCE LIMITED. Limited market-wide impact as this is a specific debt instrument redemption.