Description
MANBA FINANCE LIMITED has fixed record date of January 16, 2026 for part redemption of debentures and payment of interest, with reduced face value effective from the same date.
Summary
MANBA FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE939X07119, Code: 975425) with a record date of January 16, 2026. The debentures will trade with a reduced face value of Rs. 5,555.56 per debenture effective from the record date under settlement number DR-800/2025-2026.
Key Points
- Security: MFL-13.25%-28-2-26-PVT (Non-Convertible Debentures)
- ISIN: INE939X07119
- BSE Scrip Code: 975425
- Reduced face value: Rs. 5,555.56 per debenture
- Purpose: Part redemption of debentures and payment of interest
- Settlement Number: DR-800/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action notification as per existing regulations.
Compliance Requirements
- Trading members must note that trading in the debentures will be with reduced face value effective from January 16, 2026
- Debenture holders on record as of the record date will be eligible for interest payment and part redemption proceeds
Important Dates
- Record Date: January 16, 2026
- Effective Date for Reduced Face Value: January 16, 2026
- Notice Date: January 08, 2026
Impact Assessment
This part redemption affects holders of MANBA FINANCE LIMITED’s 13.25% non-convertible debentures maturing on February 28, 2026. The reduced face value of Rs. 5,555.56 indicates a partial return of principal to debenture holders along with interest payment. Trading members need to adjust their systems to reflect the reduced face value from the effective date to ensure accurate trading and settlement.
Impact Justification
Part redemption of non-convertible debentures affects debenture holders with specific record date and reduced face value. Medium impact as it's a routine corporate action for debt instruments.