Description
Trading in debentures of MANBA FINANCE LIMITED (INE939X07101) suspended from 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 effect from December 12, 2025. The suspension is due to the company fixing the record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures.
Key Points
- Trading suspended for MANBA FINANCE LIMITED debentures (ISIN: INE939X07101, Code: 975290)
- Record date set for December 12, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from December 12, 2025
- Coupon rate: 12.6%
- Maturity date: December 27, 2025
- Debenture type: Private placement Non-Convertible Debentures
Regulatory Changes
No regulatory changes introduced. This is a standard operational notice for trading suspension due to corporate action.
Compliance Requirements
- Trading members must not execute any deals in the specified debentures of MANBA FINANCE LIMITED from December 12, 2025
- Members must update their systems to reflect the trading suspension
- Compliance with record date requirements for determining eligible holders for interest payment and redemption
Important Dates
- Notice Date: December 10, 2025
- Record Date: December 12, 2025
- Trading Suspension Date: December 12, 2025
- Debenture Maturity: December 27, 2025
Impact Assessment
Market Impact: Medium - The trading suspension affects only a specific series of debentures from MANBA FINANCE LIMITED in the debt segment. Investors holding these debentures cannot trade them from the suspension date.
Investor Impact: Debenture holders as of the record date (December 12, 2025) will be eligible for the interest payment and redemption proceeds. The debentures are nearing maturity (December 27, 2025), indicating final redemption is imminent.
Operational Impact: Trading members must ensure their systems are updated to prevent any inadvertent trades in the suspended securities. The suspension period is expected to be short given the proximity to maturity date.
Impact Justification
Trading suspension affects debt market participants holding or trading MANBA FINANCE debentures, but impact limited to single issuer's specific series