Half Yearly Statement of NCDs (Debt Securities) as on March 31, 2025.
Awaiting price reaction for this filing.
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, has submitted its half-yearly statement of Non-Convertible Debentures (NCDs) outstanding as on March 31, 2025, to BSE and NSE as required under SEBI's debt disclosure circulars. The company has four active NCD series with a total outstanding amount of ₹4,477 Crores. Key details include: INE103A08019 at 7.40% coupon maturing April 2030 (₹1,000 Cr), INE103A08035 at 7.75% maturing January 2030 (₹1,060 Cr), INE103A08043 at 6.18% maturing December 2025 (₹1,217 Cr), and INE103A08050 at 7.48% maturing April 2032 (₹1,200 Cr). All NCDs carry yearly coupon payments with no embedded options. This is a routine regulatory filing and does not involve any new issuance, redemption, or change in debt terms.
This is a routine compliance disclosure and is unlikely to have any direct impact on the equity stock price. Shareholders should note that one NCD series (₹1,217 Cr) is maturing in December 2025, which will reduce the company's debt servicing obligations going forward.