Description

BSE notifies trading members of part redemption of non-convertible debentures and payment of interest by Mumbai Urja Marg Limited, with reduced face values effective from March 13, 2026.

Summary

BSE has notified trading members that Mumbai Urja Marg Limited has fixed a Record Date of March 15, 2026 for the purpose of Payment of Interest and Part Redemption of its Non-Convertible Debentures. Trading in the debentures will commence with a reduced face value effective March 13, 2026 under Settlement No. DR-839/2025-2026.

Key Points

  • Mumbai Urja Marg Limited has set Record Date as March 15, 2026 for part redemption and interest payment on two NCD series
  • Two ISINs are affected: INE0F6K08063 (Code 976241) and INE0F6K08071 (Code 977069)
  • INE0F6K08063 (MUML-RESET RATE-30-9-38-PVT) will have a reduced face value of Rs. 95,838.40 per debenture
  • INE0F6K08071 (MUML-7.85%-RESET RATE-30-09-38) will have a reduced face value of Rs. 98,070/- per debenture
  • Both series will trade at reduced face value from March 13, 2026 under Settlement DR-839/2025-2026

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt segment operational framework.

Compliance Requirements

  • Trading members must note the reduced face values for both NCD ISINs effective from March 13, 2026
  • Settlement of trades must account for the revised face values under Settlement No. DR-839/2025-2026

Important Dates

  • Record Date: March 15, 2026 (for part redemption and interest payment)
  • Effective Date for Reduced Face Value: March 13, 2026
  • Settlement: DR-839/2025-2026
  • Notice Date: March 11, 2026

Impact Assessment

This corporate action directly affects holders of Mumbai Urja Marg Limited’s non-convertible debentures under the two specified ISINs. Debenture holders will receive a partial repayment of principal along with interest on the record date. Trading members dealing in these instruments must update their systems to reflect the reduced face values from March 13, 2026 onwards. The impact is limited to investors and trading members involved in these specific debt instruments.

Impact Justification

Routine corporate action affecting two specific NCD ISINs of Mumbai Urja Marg Limited; impacts holders of these debentures through reduced face value and partial repayment but is limited in broader market scope.