Description
Trading suspended in debentures of MANBA FINANCE LIMITED (INE939X07119) from February 13, 2026 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in Non-Convertible Debentures of MANBA FINANCE LIMITED (ISIN: INE939X07119, Scrip Code: 975425) effective February 13, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in these debentures from the suspension date.
Key Points
- Debenture: MFL-13.25%-28-2-26-PVT (13.25% coupon rate)
- ISIN: INE939X07119
- Scrip Code: 975425
- Record Date: February 13, 2026
- No Dealings From: February 13, 2026
- Purpose: Redemption of Debentures and Payment of Interest
- Circular Reference: DR-820/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for debenture redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures of MANBA FINANCE LIMITED from February 13, 2026
- Trading members are required to take note of the suspension and communicate to clients holding these securities
- Debenture holders on record date (February 13, 2026) will be eligible for interest payment and redemption proceeds
Important Dates
- Notice Date: February 10, 2026
- Record Date: February 13, 2026
- No Dealings From: February 13, 2026
- Debenture Maturity: February 28, 2026 (implied from debenture nomenclature)
Impact Assessment
Market Impact: High - Complete trading suspension affects liquidity for existing holders of these debentures. Investors cannot exit positions after February 12, 2026.
Investor Impact: High - Debenture holders must be aware that trading will cease, and only those holding on record date will receive redemption proceeds and final interest payment.
Operational Impact: Medium - Trading members need to update their systems to block trading in this specific ISIN and communicate suspension to affected clients.
Duration: Short-term - Suspension is linked to upcoming redemption on February 28, 2026, after which the debentures will cease to exist.
Impact Justification
Complete suspension of trading in debentures due to imminent redemption affects debt market participants holding or trading these securities