Description

Trading suspended in UPPCL debentures (INE540P07095) 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 of U.P.POWER CORPORATION LIMITED (UPPCL) effective January 29, 2026. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the no-dealings date.

Key Points

  • Trading suspended for UPPCL debentures with ISIN INE540P07095 (Code: 955771)
  • Debenture series: UPPCL-8.97%-13-2-26-PVT with 8.97% interest rate
  • Record date set for January 29, 2026
  • Purpose: Redemption of debentures and payment of interest
  • No dealings permitted from January 29, 2026
  • Notice reference: DR-808/2025-2026, dated January 21, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must not execute any trades in the specified UPPCL debentures from January 29, 2026
  • Trading members are required to take note of the suspension and communicate to relevant stakeholders
  • All dealings in the debenture (ISIN: INE540P07095) must cease from the specified date

Important Dates

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

Impact Assessment

The impact is limited to holders of this specific debenture series. The suspension is a routine corporate action necessary to facilitate the redemption process and interest payment. Debenture holders will receive their redemption proceeds and final interest payment as per the terms. This does not affect equity shares or other securities of U.P.POWER CORPORATION LIMITED. Market impact is minimal as this affects only debt market participants dealing in this particular instrument.

Impact Justification

Routine suspension for debenture redemption and interest payment affecting a single debt instrument with limited market impact