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 for this corporate action. Trading in the debentures will commence with reduced face value from August 29, 2025.
Key Points
- Company: U.P.POWER CORPORATION LIMITED
- Debenture Code: UPPCL-8.48%-13-03-26-PVT
- ISIN: INE540P07160 (956149)
- Record Date: August 30, 2025
- Purpose: Part redemption of debentures and payment of interest
- New reduced face value: Rs. 500,000 per debenture
- Effective date for reduced face value trading: August 29, 2025
- Settlement number: DR-704/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must note that debentures will trade with reduced face value from the effective date mentioned.
Important Dates
- August 29, 2025: Effective date for trading with reduced face value
- August 30, 2025: Record date for part redemption and interest payment
Impact Assessment
This corporate action will affect debenture holders of U.P.POWER CORPORATION LIMITED. The part redemption will reduce the outstanding principal amount, and the face value reduction will be reflected in trading from August 29, 2025. Investors holding these debentures on the record date will be eligible for the interest payment and part redemption proceeds.
Impact Justification
Corporate action affecting debenture holders with face value reduction and interest payment