Description

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

Summary

BSE has informed trading members that Manba Finance Limited has fixed a record date of 14 March 2026 for the purpose of payment of interest and part redemption on its Non-Convertible Debentures (series: MFL-11%-13-3-28-PVT, ISIN INE939X07242, scrip code 977173). Trading in these debentures will be conducted at a reduced face value effective 13 March 2026.

Key Points

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

Regulatory Changes

No new regulatory changes. This is a standard corporate action notice under existing BSE listing compliance and operations procedures.

Compliance Requirements

  • Trading members must note that from 13 March 2026, trades in the subject debentures will be executed at the reduced face value of Rs. 80,000 per debenture.
  • Members should update their systems accordingly to reflect the reduced face value effective on settlement DR-839/2025-2026.

Important Dates

  • Record Date: 14 March 2026 (for interest payment and part redemption eligibility)
  • Effective Date for Reduced Face Value Trading: 13 March 2026
  • Settlement Number: DR-839/2025-2026
  • Circular Date: 11 March 2026

Impact Assessment

This circular has a limited and targeted impact, affecting only holders and traders of the specific Manba Finance NCD series (ISIN INE939X07242). The face value reduction to Rs. 80,000 per debenture reflects the partial principal repayment. Trading members dealing in this debenture must ensure their systems reflect the new face value from 13 March 2026 to avoid settlement discrepancies. No broader market or systemic impact is anticipated.

Impact Justification

Routine part redemption of privately placed NCDs affecting only holders of this specific debenture series; no broad market impact.