Description

U.P.POWER CORPORATION LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures 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, Security Code: 956149, Series: UPPCL-8.48%-13-03-26-PVT) along with interest payment. Trading members are notified that trading in these debentures will be conducted with reduced face value effective November 28, 2025.

Key Points

  • Part redemption of Non-Convertible Debentures of U.P.POWER CORPORATION LIMITED
  • ISIN: INE540P07160, Security Code: 956149
  • Series: UPPCL-8.48%-13-03-26-PVT
  • Reduced face value: Rs. 250,000 per debenture
  • Trading with reduced face value begins from November 28, 2025
  • Settlement number: DR-766/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice.

Compliance Requirements

  • Trading Members must note the reduced face value effective from November 28, 2025
  • All trading in these debentures must reflect the new face value of Rs. 250,000 per debenture from the effective date
  • Members should update their systems to reflect the face value reduction

Important Dates

  • Record Date: November 28, 2025
  • Effective Date of Reduced Face Value: November 28, 2025
  • Settlement Number: DR-766/2025-2026
  • Notice Date: November 21, 2025

Impact Assessment

Market Impact: Medium - affects holders of specific debenture series of U.P.POWER CORPORATION LIMITED

Operational Impact: Trading members must update their systems to reflect the reduced face value from November 28, 2025. This is a routine corporate action for debt instruments involving partial repayment to debenture holders along with interest payment. The face value reduction to Rs. 250,000 per debenture will affect pricing and valuation calculations for these securities going forward.

Impact Justification

Routine corporate action involving part redemption of debentures affecting specific debt security holders with face value reduction from original to Rs. 250,000 per debenture