Description

Trading suspended for debentures of MANBA FINANCE LIMITED (INE939X07101) effective December 12, 2025 due to record date for redemption and interest payment.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of MANBA FINANCE LIMITED with ISIN INE939X07101 (Code: 975290) effective December 12, 2025. The suspension is due to the company setting a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the specified date.

Key Points

  • MANBA FINANCE LIMITED debentures (MFL-12.6%-27-12-25-PVT) trading suspended
  • ISIN: INE939X07101, BSE Code: 975290
  • Record date set for December 12, 2025
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from December 12, 2025
  • Notice reference: DR-776/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard operational suspension related to corporate action processing.

Compliance Requirements

  • Trading members must cease all trading activities in the specified debentures from December 12, 2025
  • Trading members are required to take note of the suspension and ensure compliance
  • No buy or sell transactions should be executed for ISIN INE939X07101 from the no-dealings date

Important Dates

  • Notice Date: December 10, 2025
  • Record Date: December 12, 2025
  • No Dealings From: December 12, 2025

Impact Assessment

The suspension impacts holders and potential traders of MANBA FINANCE LIMITED’s 12.6% Non-Convertible Debentures maturing on December 27, 2025. The suspension is temporary and procedural in nature, related to the redemption process. Debenture holders will receive their redemption proceeds and final interest payment as per the terms. Trading liquidity for this instrument is eliminated from December 12, 2025, though the maturity date (December 27, 2025) suggests the suspension period is short. Limited broader market impact as this affects a specific privately placed debt instrument.

Impact Justification

Trading suspension affects specific debenture holders and traders dealing in MANBA FINANCE LIMITED debt securities. Limited broader market impact as it pertains to a single privately placed debenture issue.