Description
U.P.POWER CORPORATION LIMITED has fixed record date for part redemption of debentures and interest payment with reduced face value effective November 28, 2025.
Summary
U.P.POWER CORPORATION LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE540P07160) along with interest payment. The record date is set for November 28, 2025, and trading in these debentures will commence with reduced face value from the same date.
Key Points
- Debenture series: UPPCL-8.48%-13-03-26-PVT (ISIN: INE540P07160, Code: 956149)
- Record date: November 28, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 250,000 per debenture
- Effective date: November 28, 2025
- Settlement number: DR-766/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action for debt securities involving part redemption.
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with reduced face value of Rs. 250,000 per debenture from the effective date
- All trading and settlement activities post-effective date must reflect the reduced face value
- Debenture holders on record date (November 28, 2025) will be eligible for interest payment and part redemption proceeds
Important Dates
- Record Date: November 28, 2025
- Effective Date for Reduced Face Value Trading: November 28, 2025
- Settlement: DR-766/2025-2026
- Notice Date: November 21, 2025
Impact Assessment
This part redemption will impact holders of U.P.POWER CORPORATION LIMITED debentures (ISIN: INE540P07160). The reduced face value of Rs. 250,000 per debenture will affect trading calculations, positions, and settlements from November 28, 2025 onwards. Trading members need to update their systems to reflect the new face value for accurate trade processing and risk management.
Impact Justification
Part redemption of debentures affects debt security holders with specific record date and reduced face value requirements