Description

MANBA FINANCE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 9, 2026.

Summary

MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE939X07135, Code: 975775, Series: MFL-11.75%-26-6-26-PVT) along with interest payment. The record date is set for January 10, 2026, and trading in these debentures will occur with reduced face value effective January 9, 2026.

Key Points

  • Debenture series: MFL-11.75%-26-6-26-PVT (ISIN: INE939X07135)
  • Scrip code: 975775
  • Record date: January 10, 2026
  • Effective date for reduced face value: January 9, 2026
  • Settlement number: DR-795/2025-2026
  • Reduced face value: Rs. 27,772 per debenture
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective January 9, 2026
  • Debenture holders on the record date (January 10, 2026) will be eligible for interest payment and part redemption

Important Dates

  • January 5, 2026: Notice date
  • January 9, 2026: Effective date for trading with reduced face value (Settlement DR-795/2025-2026)
  • January 10, 2026: Record date for interest payment and part redemption eligibility

Impact Assessment

This corporate action impacts holders of MANBA FINANCE LIMITED’s non-convertible debentures. The part redemption reduces the face value to Rs. 27,772 per debenture, representing a partial return of principal to debenture holders. Trading members and investors holding these debentures need to account for the reduced face value in their systems and portfolios from January 9, 2026 onwards. The impact is specific to this debt instrument and does not affect broader market operations.

Impact Justification

Part redemption of debentures affects debenture holders through reduced face value and interest payment. Limited market-wide impact as it affects specific debt instrument holders only.