Description
Provident Cedar Private Limited has partially redeemed its debentures (ISIN: INE0NF907031), reducing the face value to Rs. 285,206.38 per debenture effective October 30, 2025.
Summary
Provident Cedar Private Limited has announced the partial redemption of its debentures with ISIN INE0NF907031 (Scrip Code: 974311). Following this partial redemption, the reduced face value per debenture will be Rs. 285,206.38. The debentures will trade at this reduced face value with effect from October 30, 2025.
Key Points
- Company: Provident Cedar Private Limited
- ISIN: INE0NF907031
- Scrip Code: 974311 (PCPL-17-4-28-PVT)
- Reduced face value: Rs. 285,206.38 per debenture
- Effective date for trading at reduced face value: October 30, 2025
- Reference: DR-746/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for partial debenture redemption.
Compliance Requirements
- Trading members of BSE must note the reduced face value for these debentures
- Trading members must ensure trades in these debentures reflect the new reduced face value from October 30, 2025 onwards
- All market participants dealing with these securities should update their systems to reflect the revised face value
Important Dates
- Notice Date: October 29, 2025
- Effective Date for Reduced Face Value Trading: October 30, 2025
Impact Assessment
This corporate action has limited market impact as it affects only holders of specific debentures of Provident Cedar Private Limited. Debenture holders will receive partial redemption proceeds, and the remaining debenture balance will continue to trade at the reduced face value. Trading members need to update their systems to reflect the new face value for accurate trade execution and settlement.
Impact Justification
Routine corporate action affecting only specific debenture holders of a private limited company with limited market-wide impact.