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 16, 2026.
Summary
MANBA FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for January 16, 2026, and trading in the debentures will be conducted with reduced face value effective from the same date.
Key Points
- Company: MANBA FINANCE LIMITED
- ISIN: INE939X07119 (Code: 975425)
- Security: MFL-13.25%-28-2-26-PVT
- Record Date: January 16, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 5,555.56 per debenture
- Settlement Number: DR-800/2025-2026
Regulatory Changes
No regulatory changes introduced. 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 of Rs. 5,555.56 per debenture effective January 16, 2026
- Settlement will be processed under DR-800/2025-2026
Important Dates
- Notice Date: January 8, 2026
- Record Date: January 16, 2026
- Effective Date for Reduced Face Value: January 16, 2026
Impact Assessment
This is a routine debt corporate action with minimal market impact. Only holders of the specific non-convertible debentures (ISIN: INE939X07119) of MANBA FINANCE LIMITED are affected. The part redemption will reduce the face value to Rs. 5,555.56 per debenture, and debenture holders will receive interest payment as scheduled. No broader market or trading disruptions are expected.
Impact Justification
Routine corporate action affecting specific debenture holders of MANBA FINANCE LIMITED. Limited market-wide impact as it pertains to debt instrument redemption schedule.