BSE has issued an update (Notice No. 20260512-19) regarding the debt securities of Mumbai Urja Marg Limited, in continuation of earlier notice 20260323-45 dated March 23, 2026. With effect from Wednesday, May 13, 2026, the scrip bearing code 976241 will be available for trading under revised terms, including a change in the mode of security from Unsecured NCDs to Secured NCDs and an updated ISIN.

Key Points

• Scrip Code 976241 (Mumbai Urja Marg Limited) will trade under revised terms from May 13, 2026.
• The mode of security is revised from Unsecured NCDs to Secured NCDs.
• The ISIN is revised from INE0F6K08063 to INE0F6K07016.
• This notice is a continuation of BSE Notice No. 20260323-45 dated March 23, 2026.
• Trading members are advised to contact BSE’s Debt Listing department for further clarifications.

Regulatory Changes

• The existing ISIN INE0F6K08063 is replaced by new ISIN INE0F6K07016 for the affected scrip.
• Security classification upgrades from unsecured to secured NCD, which may affect credit risk assessment and collateral obligations for the issuer.

Compliance Requirements

• Trading members must update their records to reflect the new ISIN (INE0F6K07016) for Scrip Code 976241 effective May 13, 2026.
• Members should ensure all trades and references to this security use the revised ISIN from the effective date onwards.

Important Dates

• May 12, 2026: Date of BSE notice issuance.
• May 13, 2026 (Wednesday): Effective date for revised trading terms and new ISIN.
• March 23, 2026: Date of original notice (20260323-45) this update continues from.

Impact Assessment

The reclassification from Unsecured to Secured NCDs is a positive credit development for bondholders of Mumbai Urja Marg Limited, as it provides additional protection in the event of default. The ISIN change requires operational updates by trading members, custodians, and depositories to avoid settlement errors. Impact is moderate and limited to participants in the BSE debt market segment holding or trading this specific scrip.