Description
BSE announces partial redemption of Provident Cedar Private Limited debentures with reduced face value effective September 9, 2025.
Summary
BSE has notified trading members about the partial redemption of debentures issued by Provident Cedar Private Limited. The debentures will trade with a significantly reduced face value of Rs. 316,540.54 per debenture effective from September 9, 2025.
Key Points
- Company: Provident Cedar Private Limited
- Scrip Code: PCPL-17-4-28-PVT
- ISIN: INE0NF907031 (974311)
- New reduced face value: Rs. 316,540.54 per debenture
- Effective date: September 9, 2025
Regulatory Changes
No regulatory changes announced. This is a corporate action notification for partial debenture redemption.
Compliance Requirements
- Trading members must note the reduced face value for trading purposes
- Debentures will be traded with the new face value from the effective date
- All trading members are required to take note of this change
Important Dates
- Notice Date: September 8, 2025
- Effective Date: September 9, 2025 (trading with reduced face value begins)
Impact Assessment
The partial redemption results in a substantial reduction in the face value of the debentures. Trading members and investors holding these debentures will need to account for the new face value in their trading and valuation activities. The impact is limited to holders and traders of this specific debt instrument.
Impact Justification
Affects trading of specific debentures with significant face value reduction