Description

Trading suspended in UPPCL 8.97% debentures from January 29, 2026 due to redemption and interest payment with record date set for the same day.

Summary

BSE has announced the suspension of trading in Non-Convertible Debentures (NCDs) of U.P.POWER CORPORATION LIMITED effective January 29, 2026. The suspension is necessitated by the company’s fixed record date for redemption of debentures and payment of interest. Trading members are strictly advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading suspended for UPPCL 8.97% Non-Convertible Debentures (ISIN: INE540P07095, Code: 955771)
  • Record date set for January 29, 2026
  • Dual purpose: Redemption of debentures and payment of interest
  • No dealings permitted from January 29, 2026
  • Notice issued under DR-808/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard operational suspension tied to corporate action events for debt securities.

Compliance Requirements

  • Trading members must immediately cease all trading activity in the specified debentures from January 29, 2026
  • Trading members are required to take note of the suspension and communicate to relevant stakeholders
  • No buy or sell orders should be accepted for ISIN INE540P07095 from the no-dealings date

Important Dates

  • Notice Date: January 21, 2026
  • Record Date: January 29, 2026
  • No Dealings From: January 29, 2026

Impact Assessment

Market Impact: High - Complete trading halt in the specified debenture series affects liquidity and investor positions. Debenture holders as of record date will receive interest payment and principal redemption.

Investor Impact: High - Investors holding these debentures cannot trade them from January 29, 2026. Those on record will receive their redemption proceeds and final interest payment.

Operational Impact: Trading members must update their systems to block trades in these securities and inform clients holding positions in these debentures about the suspension and upcoming redemption.

Impact Justification

Complete trading suspension in debentures due to imminent redemption affects all debenture holders and trading members