Description

U.P.POWER CORPORATION LIMITED has fixed Record Date of December 16, 2025 for part redemption and interest payment on two series of non-convertible debentures with reduced face value of Rs. 250,000 per debenture.

Summary

BSE has informed trading members that U.P.POWER CORPORATION LIMITED has set December 16, 2025 as the Record Date for part redemption and interest payment on two series of non-convertible debentures. Trading in these debentures will commence with reduced face value of Rs. 250,000 per debenture effective from December 16, 2025 under settlement number DR-778/2025-2026.

Key Points

  • Two series of debentures affected: UPPCL-9.70%-30-3-26-PVT (ISIN: INE540P07376, Code: 973879) and UPPCL-9.95%-31-3-26-PVT (ISIN: INE540P07459, Code: 974282)
  • Record Date: December 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 250,000 per debenture for both series
  • Effective date for reduced face value trading: December 16, 2025
  • Settlement number: DR-778/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note the change in face value of the debentures
  • Trading in these debentures will reflect the reduced face value of Rs. 250,000 per debenture from December 16, 2025
  • Members must ensure proper settlement under DR-778/2025-2026

Important Dates

  • Notice Date: December 11, 2025
  • Record Date: December 16, 2025 (for part redemption and interest payment eligibility)
  • Effective Date: December 16, 2025 (trading with reduced face value begins)
  • Settlement Number: DR-778/2025-2026

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only two series of privately placed debentures of U.P.POWER CORPORATION LIMITED.

Operational Impact: Minimal - Trading members dealing with these specific debentures need to update their systems to reflect the reduced face value from December 16, 2025.

Investor Impact: Limited to existing debenture holders who will receive partial redemption proceeds and interest payment. The reduced face value indicates partial return of principal while the debentures continue to trade until their respective maturity dates (March 30, 2026 and March 31, 2026).

Impact Justification

Routine corporate action affecting private placement debentures of a specific issuer with limited market-wide impact