Description

BSE notifies trading members of Manba Finance Limited's record date for part redemption and interest payment on Non-Convertible Debentures, with reduced face value effective from March 13, 2026.

Summary

BSE has informed trading members that Manba Finance Limited has fixed a record date of March 14, 2026, for the purpose of payment of interest and part redemption on its Non-Convertible Debentures (NCDs). Post redemption, trading in these debentures will occur at a reduced face value of Rs. 80,000 per debenture, effective from March 13, 2026.

Key Points

  • Company: Manba Finance Limited
  • Debenture Series: MFL-11%-13-3-28-PVT (ISIN: INE939X07242, Scrip Code: 977173)
  • Record Date: March 14, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 80,000 per Debenture
  • Effective Date for Reduced Face Value: March 13, 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption of listed NCDs.

Compliance Requirements

  • Trading members must note that from March 13, 2026, trades in Manba Finance Limited’s debentures (ISIN: INE939X07242) will be executed at the reduced face value of Rs. 80,000 per debenture.
  • Members should update their systems and inform clients holding these debentures accordingly.

Important Dates

  • March 11, 2026: Notice issued by BSE
  • March 13, 2026: Effective date for reduced face value trading (Settlement: DR-839/2025-2026)
  • March 14, 2026: Record date for part redemption and interest payment

Impact Assessment

This corporate action impacts holders of Manba Finance Limited’s NCDs (ISIN: INE939X07242). The part redemption reduces the face value of each debenture to Rs. 80,000, which will be reflected in trading prices from March 13, 2026. Existing debenture holders will receive a partial principal repayment along with accrued interest on the record date. The impact is limited to this specific debenture series and does not affect equity shareholders or broader market operations.

Impact Justification

Routine part redemption of NCDs affecting existing debenture holders with a reduced face value; limited to a specific ISIN and does not broadly affect equity markets.