Mangalore Refinery and Petrochemicals Limited has submitted its quarterly compliance certificate to stock exchanges, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The certificate validates the company's compliance with dematerialisation processes and securities handling requirements.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on April 04, 2026. Company Secretary Premachandra Rao G signed the submission, ensuring proper documentation of the compliance process.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on April 3, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

Sr. Vice President-Corporate Registry Ashok Shetty signed the certificate on behalf of MUFG Intime India Private Limited. The registrar verified that security certificates received for dematerialisation were appropriately confirmed or rejected, with certificates being mutilated and cancelled after due verification.

Dematerialisation Process Compliance

The certificate confirms several key compliance aspects:

• Securities received during the quarter were confirmed to depositories within required timeframes
• All securities comprised in certificates have been listed on relevant stock exchanges
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners

Company Background

Mangalore Refinery and Petrochemicals Limited operates as a Schedule 'A' Government of India enterprise and subsidiary of Oil and Natural Gas Corporation Limited. The company maintains ISO 9001, 14001, and 50001 certifications, demonstrating its commitment to quality and environmental standards alongside regulatory compliance.

Mangalore Refinery and Petrochemicals Limited has submitted its half-yearly statement of Non-Convertible Debentures (NCDs) as on March 31, 2026, to both BSE Limited and National Stock Exchange of India Limited. The filing was made in compliance with SEBI Circular Ref. CIR/IMD/DF-1/67/2017 dated June 30, 2017, and subsequent clarification vide circular No. CIR/DDHS/P/59/2018 dated March 28, 2018.

Outstanding Debt Securities Portfolio

Mangalore Refinery and Petrochemicals Limited currently maintains three active series of Non-Convertible Debentures with a total outstanding amount of ₹3,260 crore. All issued amounts remain fully outstanding across the three ISIN series, indicating no partial redemptions have occurred as of the reporting date.

Debt Security Characteristics

All three NCD series feature yearly payment frequency and carry no embedded options, providing straightforward debt instruments for investors. The coupon rates across the portfolio range from 7.40% to 7.75%, reflecting the interest rate environment prevailing during their respective issuance periods.

The maturity profile shows staggered redemption dates, with two series maturing in 2030 and one extending to April 2032. The most recent issuance occurred in December 2021 for ₹1,200 crore, representing the largest single tranche among the three outstanding series.

Regulatory Compliance

The half-yearly statement was signed by Company Secretary Premachandra Rao G and submitted on April 3, 2026. The document confirms the company's adherence to SEBI's disclosure requirements for listed debt securities, ensuring transparency for investors and regulatory authorities.

As a subsidiary of Oil and Natural Gas Corporation Limited and a Schedule 'A' Government of India enterprise, the company maintains its commitment to regulatory compliance and investor transparency through timely submission of mandatory disclosures.