Description

U.P.POWER CORPORATION LIMITED has fixed record date for part redemption of debentures and payment of interest, with reduced face value effective December 16, 2025.

Summary

U.P.POWER CORPORATION LIMITED has announced part redemption of two series of non-convertible debentures along with interest payment. The record date has been set as December 16, 2025, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Two debenture series affected: UPPCL-9.70%-30-3-26-PVT (INE540P07376) and UPPCL-9.95%-31-3-26-PVT (INE540P07459)
  • Record date for part redemption and interest payment: December 16, 2025
  • Reduced face value: Rs. 250,000 per debenture for both series
  • Effective date of reduced face value: December 16, 2025
  • Settlement number: DR-778/2025-2026
  • Notice category: Corporate Actions - Debt Segment

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification for existing debenture instruments.

Compliance Requirements

  • Trading members must note that trading in the affected debentures will be conducted with reduced face value from December 16, 2025
  • Members should update their systems to reflect the new face value of Rs. 250,000 per debenture
  • Appropriate adjustments must be made for settlement number DR-778/2025-2026

Important Dates

  • Record Date: December 16, 2025 - For determining eligibility for part redemption and interest payment
  • Effective Date: December 16, 2025 - Trading commences with reduced face value
  • Notice Date: December 11, 2025

Impact Assessment

Market Impact: Medium - Affects holders of specific debenture series of U.P.POWER CORPORATION LIMITED. The part redemption will reduce outstanding debt securities and modify the face value of the instruments.

Operational Impact: Trading members need to adjust their systems to account for the reduced face value from December 16, 2025. Settlement processes must accommodate the new face value of Rs. 250,000 per debenture for both affected series.

Investor Impact: Debenture holders on record as of December 16, 2025 will receive partial redemption proceeds along with interest payment, reducing their investment exposure in these instruments.

Impact Justification

Routine corporate action affecting debenture holders of U.P.POWER CORPORATION LIMITED with specific redemption and interest payment details