Description

Manappuram Finance Limited has fixed record date of January 9, 2026 for part redemption of debentures and interest payment, with reduced face value of Rs. 750,000 per debenture effective from the same date.

Summary

Manappuram Finance Limited has announced part redemption of its non-convertible debentures (ISIN: INE522D07BX6, Code: 960436) along with interest payment. Trading members are informed that trading in these debentures will be conducted with a reduced face value effective from January 9, 2026.

Key Points

  • Record date fixed as January 9, 2026 for part redemption and interest payment
  • Debenture code: MFL-8.57%-28-1-28-PVT (960436)
  • ISIN: INE522D07BX6
  • Reduced face value: Rs. 750,000 per debenture
  • Settlement number: DR-795/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value from the effective date
  • All trades executed on or after January 9, 2026 will reflect the reduced face value of Rs. 750,000 per debenture
  • Members should update their systems to reflect the new face value for proper settlement

Important Dates

  • Notice Date: January 6, 2026
  • Record Date: January 9, 2026
  • Effective Date for Reduced Face Value: January 9, 2026
  • Settlement Number: DR-795/2025-2026

Impact Assessment

This corporate action impacts debenture holders of Manappuram Finance Limited. The part redemption will reduce the outstanding principal amount, with the face value per debenture being reduced to Rs. 750,000. Debenture holders on record as of January 9, 2026 will receive the partial redemption amount and accrued interest. Trading members need to ensure their systems are updated to reflect the reduced face value for all transactions from the effective date onwards. The impact is limited to holders of this specific series of non-convertible debentures and does not affect equity shareholders.

Impact Justification

Routine corporate action affecting debenture holders of Manappuram Finance Limited with specific record date and face value reduction details