Description
U.P.POWER CORPORATION LIMITED has fixed Record Date of October 30, 2025 for payment of interest and part redemption of Non-Convertible Debentures with reduced face value of Rs. 250,000 per debenture.
Summary
U.P.POWER CORPORATION LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE540P07095, Code: 955771) along with interest payment. The Record Date has been fixed as October 30, 2025. Post-redemption, the debentures will trade with a reduced face value of Rs. 250,000 per debenture effective from October 30, 2025 under settlement number DR-746/2025-2026.
Key Points
- Company: U.P.POWER CORPORATION LIMITED
- Debenture Series: UPPCL-8.97%-13-2-26-PVT
- ISIN: INE540P07095
- BSE Code: 955771
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 250,000 per debenture
- Trading with reduced face value commences from October 30, 2025
Regulatory Changes
No regulatory changes. This is a standard corporate action notification as per existing BSE listing requirements.
Compliance Requirements
- Trading members must note that debentures will trade with reduced face value effective October 30, 2025
- Settlement adjustments to be made under DR-746/2025-2026
- Members must ensure proper recording of the face value reduction in their systems
Important Dates
- Record Date: October 30, 2025 - For determining debenture holders eligible for interest payment and part redemption
- Effective Date: October 30, 2025 - Trading commences with reduced face value of Rs. 250,000 per debenture
- Settlement Number: DR-746/2025-2026
- Notice Date: October 24, 2025
Impact Assessment
Debenture Holders: Debenture holders on record as of October 30, 2025 will receive interest payment and partial redemption proceeds. Post-redemption, their holdings will reflect reduced face value.
Trading Impact: Trading members must update their systems to reflect the reduced face value from October 30, 2025 onwards to ensure accurate pricing and settlement.
Market Operations: Standard corporate action with no disruption expected. Settlement adjustments will be processed through the designated settlement cycle DR-746/2025-2026.
Impact Justification
Routine corporate action affecting debenture holders of U.P.POWER CORPORATION LIMITED with specific record date and face value reduction. Material for debenture investors but standard redemption process.