Description

MANBA FINANCE LIMITED has fixed Record Date for Payment of Interest and Part Redemption of Non-Convertible Debentures. Trading will be with Reduced Face Value effective January 16, 2026.

Summary

MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE939X07119, Code: 975425) along with interest payment. The Record Date is set for January 16, 2026, and trading in these debentures will commence with a reduced face value from the same date under settlement number DR-800/2025-2026.

Key Points

  • Company: MANBA FINANCE LIMITED
  • Security: Non-Convertible Debentures (MFL-13.25%-28-2-26-PVT)
  • ISIN: INE939X07119
  • BSE Code: 975425
  • Reduced Face Value: Rs. 5,555.56 per Debenture
  • Segment: Debt Market
  • Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving partial redemption of debt securities as per the terms of the debenture issuance.

Compliance Requirements

  • Trading Members must note the change in face value for trading purposes
  • All trades in these debentures from the effective date must reflect the reduced face value of Rs. 5,555.56 per debenture
  • Debenture holders on the Record Date will receive interest payment and partial redemption amount

Important Dates

  • Notice Date: January 8, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Impact Assessment

For Debenture Holders: Holders as on Record Date will receive interest payment and partial redemption of their investment. The face value reduces to Rs. 5,555.56 per debenture, indicating significant partial redemption.

For Trading Members: Must update systems to reflect the new reduced face value for all trades executed on or after January 16, 2026. Proper settlement procedures must be followed under the specified settlement number.

Market Impact: Limited to holders of this specific debt security. Does not affect equity markets or broader market operations.

Impact Justification

Standard corporate action for debt instrument holders. Affects debenture holders of MANBA FINANCE LIMITED with specific trading implications due to reduced face value.