Description

BSE circular regarding name change of a debt-listed company

Summary

BSE has issued a circular regarding the change in name of a debt-listed company. This administrative update ensures proper identification of the company’s debt securities on the exchange.

Key Points

  • Official notification of company name change for debt-listed entity
  • Updated company name to be reflected in all BSE systems
  • Debt securities to trade under new company name
  • No impact on existing debt obligations or trading arrangements

Regulatory Changes

The company name change has been approved and will be reflected in:

  • BSE trading systems
  • Market data feeds
  • Official company records
  • Debt security identifiers

Compliance Requirements

  • Market participants should update their records with the new company name
  • All future communications and transactions to reference the updated name
  • Existing debt security holdings remain valid under the new name

Important Dates

  • Effective Date: July 28, 2025
  • Implementation in trading systems: Immediate

Impact Assessment

Minimal market impact as this is an administrative change. Debt security holders and market participants should note the name change for record-keeping purposes. Trading and settlement processes remain unaffected.

Impact Justification

Company name change affects identification but not trading or financial operations