Description

Mumbai Urja Marg Limited announces part redemption of non-convertible debentures with revised face values effective December 15, 2025.

Summary

Mumbai Urja Marg Limited has announced part redemption of two series of non-convertible debentures along with interest payment. The record date is December 15, 2025, and trading in these debentures will commence with reduced face values from the same date in settlement DR-777/2025-2026.

Key Points

  • Two debenture series affected: MUML-RESET RATE-30-9-38-PVT (ISIN: INE0F6K08063, Code: 976241) and MUML-7.85%-RESET RATE-30-09-38 (ISIN: INE0F6K08071, Code: 977069)
  • Record date for both part redemption and interest payment: December 15, 2025
  • Reduced face value for INE0F6K08063: Rs. 96,321.30 per debenture
  • Reduced face value for INE0F6K08071: Rs. 98,550 per debenture
  • Trading with reduced face values effective from December 15, 2025
  • Applicable settlement: DR-777/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a corporate action notice for part redemption of debentures.

Compliance Requirements

  • Trading members must note the revised face values for trading purposes
  • Trading in affected debentures will reflect reduced face values from the effective date
  • Members should update their systems to reflect the new face values for both debenture series

Important Dates

  • Record Date: December 15, 2025 (for part redemption and interest payment)
  • Effective Date of Reduced Face Value: December 15, 2025
  • Settlement Number: DR-777/2025-2026

Impact Assessment

This part redemption affects debenture holders of Mumbai Urja Marg Limited who will receive partial payment against their holdings. The face value reduction will be reflected in trading from December 15, 2025. Investors holding these debentures should note the reduced face values when calculating yields and evaluating their debt holdings. The action provides liquidity to debenture holders through partial repayment while maintaining the debt instruments in active trading.

Impact Justification

Routine part redemption of debentures affecting two series with specific impact on debenture holders of Mumbai Urja Marg Limited