Description
BSE announces partial redemption of PCPL-17-4-28-PVT debentures with reduced face value of Rs. 285,206.38 per debenture effective October 30, 2025.
Summary
BSE has notified trading members about the partial redemption of debentures issued by Provident Cedar Private Limited. The debentures (ISIN: INE0NF907031, Scrip Code: 974311) will trade with a reduced face value of Rs. 285,206.38 per debenture effective from October 30, 2025.
Key Points
- Company: Provident Cedar Private Limited
- Debenture Series: PCPL-17-4-28-PVT
- ISIN: INE0NF907031
- Scrip Code: 974311
- New reduced face value: Rs. 285,206.38 per debenture
- Effective date for trading: October 30, 2025
- Reference: DR-746/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action involving partial redemption of debentures.
Compliance Requirements
- Trading members must note the reduced face value
- Debentures to be traded at the new face value from October 30, 2025
- Trading members required to update their systems accordingly
Important Dates
- Announcement Date: October 29, 2025
- Effective Date for Trading: October 30, 2025
Impact Assessment
This is a routine corporate action with minimal market impact. The partial redemption affects only holders of this specific privately placed debenture series. Trading members need to adjust their systems to reflect the reduced face value. No impact on equity markets or broader debt market operations.
Impact Justification
Routine partial redemption of privately placed debentures affecting specific debt instrument holders only, with no broader market impact.