Mangalore Refinery and Petrochemicals Limited (MRPL) has disclosed a Security Cover Certificate pertaining to its secured listed non-convertible debt securities. As of October 15, 2025, the certificate provides details on assets offered as security for these debt securities, including property, plant, equipment, and other assets. The certificate confirms the asset cover ratio for the listed debt.
Debt Security Details
As of October 15, 2025, MRPL has issued a Security Cover Certificate related to its listed non-convertible debt securities. The certificate details the assets securing these debts, which includes property, plant and equipment. The company has confirmed the status of the asset cover, confirming compliance with regulatory requirements.
Asset Overview
The assets considered for security cover include:
- Property, Plant and Equipment
- Capital Work-in-Progress
- Right of Use Assets
- Intangible Assets
- Investments
- Loans
- Inventories
- Trade Receivables
- Cash and Cash Equivalents
- Bank Balances
The certificate indicates that the total cover on book value, exclusive security, and pari-passu security cover ratio are calculated. The provided data indicates a comprehensive review of security assets related to MRPL’s debt obligations as of Q2 2025-26.
The security cover certificate is furnished to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Source: BSE
