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Neutral impactCompany

Nashik Municipal Corporation — Statement of value for Debt Service Reserve Account or any other form of security offered

NSE 54 min ago·31 Aug 2026, 10:50 am

Beacon Trusteeship

Beacon Trusteeship Limited has filed a statement of value with stock exchanges regarding the debt service reserve account for Nashik Municipal Corporation. This account acts as a financial buffer, ensuring the municipality can meet its debt obligations even if revenue falls short. The filing details the current value of this security for the ISIN INE579F24016.

For investors, this development is a routine administrative update. It confirms that the security backing the municipal bond remains intact and is being properly accounted for. This helps maintain trust in the creditworthiness of the underlying security.

Investors should watch for the next scheduled filing. Regular updates on the value of the reserve account are standard practice for municipal bonds and provide transparency into the issuer's financial health.