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