Description
MANBA FINANCE LIMITED has fixed 10 March 2026 as the record date for part redemption and interest payment on its 11.75% Non-Convertible Debentures. Trading in the debentures will continue with a reduced face value of Rs. 16,660 per debenture effective 10 March 2026.
Summary
BSE has notified trading members that MANBA FINANCE LIMITED has fixed a record date of 10 March 2026 for part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. Post the record date, trading in these debentures will take place at a reduced face value of Rs. 16,660 per debenture.
Key Points
- Company: MANBA FINANCE LIMITED
- Instrument: MFL-11.75%-26-6-26-PVT | ISIN: INE939X07135 | BSE Code: 975775
- Record Date: 10 March 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 16,660 per debenture
- Effective Date for Reduced Face Value: 10 March 2026
- Settlement Number: DR-836/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under existing BSE debt market listing regulations requiring disclosure of record dates and revised face values for partially redeemed debentures.
Compliance Requirements
- Trading members must note that from 10 March 2026, the debentures (ISIN: INE939X07135) will trade with a reduced face value of Rs. 16,660 per debenture.
- Members should update their systems to reflect the new face value for trade processing and settlement purposes effective from the settlement DR-836/2025-2026.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 02 March 2026 |
| Record Date | 10 March 2026 |
| Effective Date (Reduced Face Value) | 10 March 2026 |
| Settlement Reference | DR-836/2025-2026 |
Impact Assessment
This circular has a medium impact on holders of MANBA FINANCE LIMITED’s 11.75% NCDs maturing on 26 June 2026. Existing debenture holders will receive part principal redemption along with accrued interest on or around the record date. Post redemption, the face value per debenture will be reduced to Rs. 16,660, which will affect the market price and yield calculations for the remaining tenure. The impact is limited to participants in the BSE debt segment holding this specific instrument.
Impact Justification
Routine corporate action affecting existing NCD holders of MANBA FINANCE LIMITED; reduces face value per debenture and triggers interest payout, with no broader market impact beyond debt segment participants holding this specific instrument.