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Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), has issued a Security Cover Certificate in compliance with Regulation 54(2) and (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate is a part of MRPL's quarterly regulatory disclosures to the Stock Exchanges (BSE and NSE) for its secured non-convertible debt securities.

The company has highlighted the creation and maintenance of security for these securities, providing detailed information on the extent and nature of the cover. MRPL is committed to adhering to regulatory standards and ensuring transparent financial disclosures in the market.

As part of this disclosure, the security cover certificate includes various details about the company’s secured debt obligations, including information on the value of security, total debt, and any outstanding amounts. It also contains references to different debt securities issued under the company's various debt series. The company has addressed this filing both for its equity securities (traded on the BSE and NSE under the symbol MRPL) and its debt securities listed under series codes.

This disclosure is an essential part of MRPL's compliance framework under the SEBI (LODR) Regulations and aims to ensure investor confidence through the timely submission of required documentation. MRPL, headquartered in Mangalore, India, maintains high corporate governance standards, reflected in its ongoing commitment to transparency in financial reporting.

The document was submitted with the necessary details to both BSE (Scrip Code: 500109) and NSE (Symbol: MRPL). The company also attached the certificate to facilitate further action by the exchanges, ensuring all necessary steps are taken for regulatory compliance.

The Security Cover Certificate includes comprehensive details like the value of assets pledged as security, cover percentage, and related debt instruments. The document is signed by MRPL’s Company Secretary, Premachandra Rao G, and includes additional supporting documents. The company urges the exchanges to take the necessary actions based on this filing.

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