Description

MANBA FINANCE LIMITED announces part redemption of Non-Convertible Debentures with record date December 16, 2025, reducing face value to Rs. 11,111.11 per debenture.

Summary

MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE939X07119, Scrip Code: 975425) along with interest payment. The record date is set for December 16, 2025, and trading in these debentures will commence with reduced face value effective from the same date.

Key Points

  • Company: MANBA FINANCE LIMITED
  • Security: 13.25% Non-Convertible Debentures maturing February 28, 2026
  • ISIN: INE939X07119
  • BSE Scrip Code: 975425 (MFL-13.25%-28-2-26-PVT)
  • Record Date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 11,111.11 per debenture
  • Effective Date: December 16, 2025
  • Settlement Number: DR-778/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per debt security management requirements.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value of Rs. 11,111.11 from December 16, 2025
  • All transactions on or after the effective date must reflect the new reduced face value
  • Debenture holders on record as of December 16, 2025 will be eligible for part redemption proceeds and interest payment

Important Dates

  • December 11, 2025: Circular issue date
  • December 16, 2025: Record date for part redemption and interest payment eligibility
  • December 16, 2025: Effective date for trading with reduced face value (Settlement DR-778/2025-2026)
  • February 28, 2026: Final maturity date of debentures

Impact Assessment

Debenture Holders: Positive impact as holders receive partial capital repayment along with scheduled interest payment. The reduced face value reflects the proportional redemption of principal amount.

Trading Impact: Moderate impact on debt market as the debentures will trade at reduced face value from December 16, 2025. Market participants must adjust their valuation and trading systems accordingly.

Liquidity: No change expected in trading liquidity. The part redemption is a scheduled corporate action typical for debt instruments approaching maturity.

Impact Justification

Standard debt instrument part redemption affecting debenture holders of MANBA FINANCE LIMITED. Medium impact as it involves scheduled debt repayment and face value reduction.