Description

Manappuram Finance Limited has fixed the record date for payment of interest and part redemption of non-convertible debentures, with trading to commence at reduced face value from January 9, 2026.

Summary

Manappuram Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE522D07BX6, Code: 960436) with a record date of January 9, 2026. Following the part redemption and interest payment, trading in these debentures will commence at a reduced face value of Rs. 750,000 per debenture effective from January 9, 2026 (Settlement No. DR-795/2025-2026). The debenture series is MFL-8.57%-28-1-28-PVT.

Key Points

  • Company: Manappuram Finance Limited
  • Debenture Series: MFL-8.57%-28-1-28-PVT
  • ISIN: INE522D07BX6
  • BSE Code: 960436
  • Record Date: January 9, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 750,000 per debenture
  • Effective Date: January 9, 2026
  • Settlement Number: DR-795/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted at the reduced face value of Rs. 750,000 per debenture from the effective date
  • Trading members should update their systems to reflect the new face value for trading purposes
  • Investors holding these debentures as of the record date (January 9, 2026) will be eligible for interest payment and part redemption

Important Dates

  • Record Date: January 9, 2026 - Eligibility date for interest payment and part redemption
  • Effective Date for Reduced Face Value: January 9, 2026 (Settlement No. DR-795/2025-2026)
  • Notice Date: January 6, 2026

Impact Assessment

Debenture Holders: Holders of these debentures as of the record date will receive interest payment and partial redemption amount. Post-redemption, the face value of their holdings will be reduced to Rs. 750,000 per debenture.

Trading Impact: From January 9, 2026, all trading in these debentures will be conducted at the reduced face value. Trading members must ensure their systems are updated to reflect this change to avoid settlement discrepancies.

Market Impact: Limited broader market impact as this is a routine corporate action specific to this debenture series. Only holders of this specific ISIN will be affected.

Impact Justification

Routine corporate action for debt securities affecting specific debenture holders with defined redemption schedule and reduced face value