Description
BSE notifies trading members of Manba Finance Limited's record date for part redemption of Non-Convertible Debentures and payment of interest, with trading in debentures to continue at reduced face value from March 13, 2026.
Summary
BSE has informed trading members that Manba Finance Limited has fixed a record date for the purpose of payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Following the part redemption, trading in the debentures will be conducted at a reduced face value effective from March 13, 2026.
Key Points
- Manba Finance Limited has scheduled a part redemption of its Non-Convertible Debentures along with interest payment.
- The record date for the corporate action is March 14, 2026.
- The debenture series affected: MFL-11%-13-3-28-PVT (ISIN: INE939X07242, Scrip Code: 977173).
- Reduced face value post-redemption: Rs. 80,000 per debenture.
- Trading at the reduced face value will be effective from March 13, 2026 under Settlement No. DR-839/2025-2026.
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification under BSE’s listing compliance framework for debt securities.
Compliance Requirements
- Trading members must note the change in face value and ensure all trades in the affected debenture (INE939X07242) from March 13, 2026 are executed at the reduced face value of Rs. 80,000 per debenture.
- Members should update their systems to reflect the new face value effective from the specified date and settlement number.
Important Dates
| Event | Date |
|---|---|
| Notice Date | March 11, 2026 |
| Effective Date for Reduced Face Value | March 13, 2026 |
| Record Date | March 14, 2026 |
| Settlement Number | DR-839/2025-2026 |
Impact Assessment
This circular has a moderate and targeted impact, affecting only holders and traders of the specific Manba Finance Limited NCD series (INE939X07242). The part redemption reduces the face value of the debenture to Rs. 80,000, which will be reflected in trading from March 13, 2026. Debenture holders will receive a partial return of principal along with accrued interest on the record date. No broader market or systemic impact is anticipated.
Impact Justification
Routine part redemption of NCDs affecting holders of Manba Finance Limited debentures; trading continues at reduced face value, impacting a specific debt instrument rather than broader market.