Description

Correction to the reduced face value of MUML debentures following part redemption, changing from Rs. 96804 to Rs. 96804.20 per debenture, effective November 3, 2025.

Summary

BSE has issued a revised notice correcting the reduced face value of debentures of Mumbai Urja Marg Limited (Scrip Code: 976241, ISIN: INE0F6K08063) following a part redemption. The corrected reduced face value is Rs. 96,804.20 per debenture instead of the previously announced Rs. 96,804. This revision is in continuation of Exchange Notice No. 20250912-34 dated September 12, 2025.

Key Points

  • Company: Mumbai Urja Marg Limited (MUML-RESET RATE-30-9-38-PVT)
  • Scrip Code: 976241
  • ISIN: INE0F6K08063
  • Purpose: Part Redemption of Debentures
  • Revised Reduced Face Value: Rs. 96,804.20 per Debenture (previously Rs. 96,804)
  • Difference: Rs. 0.20 per debenture correction
  • Effective Date: November 3, 2025
  • Reference: DR-748/2025-2026
  • Original Notice: Exchange Notice No. 20250912-34 dated September 12, 2025

Regulatory Changes

No new regulatory changes introduced. This is a technical correction to a previously announced corporate action.

Compliance Requirements

  • Trading Members must note the corrected reduced face value
  • Debentures will be traded with the revised reduced face value of Rs. 96,804.20 per debenture
  • Trading Members are required to update their systems accordingly before the effective date

Important Dates

  • Notice Date: October 31, 2025
  • Effective Date for Trading: November 3, 2025
  • Original Notice Date: September 12, 2025 (Exchange Notice No. 20250912-34)

Impact Assessment

Market Impact: Minimal. This is a minor technical correction of Rs. 0.20 per debenture to the reduced face value following part redemption.

Operational Impact: Low. Trading Members need to update their systems with the corrected face value before November 3, 2025. The impact is limited to holders and traders of this specific debenture series.

Investor Impact: Negligible for individual debenture holders. The correction represents a 0.0002% adjustment to the reduced face value, which may result in slightly adjusted redemption proceeds for investors.

Impact Justification

Minor correction to previously announced debenture face value following part redemption, affecting only specific debenture holders of Mumbai Urja Marg Limited with minimal market-wide impact.