Description
U.P.POWER CORPORATION LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective August 29, 2025.
Summary
U.P.POWER CORPORATION LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has set August 30, 2025 as the record date, and trading will commence with reduced face value from August 29, 2025.
Key Points
- Record date fixed for August 30, 2025
- Purpose: Part redemption of debentures and payment of interest
- Trading with reduced face value starts August 29, 2025
- Settlement number: DR-704/2025-2026
- Debenture code: INE540P07160 (956149)
- Series: UPPCL-8.48%-13-03-26-PVT
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must note that trading in the company’s debentures will be conducted with reduced face value effective from the specified date.
Important Dates
- Record Date: August 30, 2025
- Effective Date for Reduced Face Value: August 29, 2025
- Settlement Number: DR-704/2025-2026
Impact Assessment
This corporate action will result in debentures trading at a reduced face value of Rs. 500,000 per debenture. Investors and trading members need to adjust their positions and calculations accordingly for the affected debenture series.
Impact Justification
Corporate action affecting debenture trading with face value reduction