Description
BSE announces partial redemption of debentures issued by Provident Cedar Private Limited, with reduced face value effective October 30, 2025.
Summary
BSE has informed trading members about the partial redemption of debentures issued by Provident Cedar Private Limited (ISIN: INE0NF907031, Scrip Code: 974311). Following the partial redemption, the face value per debenture has been reduced to Rs. 285,206.38. The debentures will trade with this reduced face value from October 30, 2025.
Key Points
- Company: Provident Cedar Private Limited
- Security: PCPL-17-4-28-PVT (ISIN: INE0NF907031)
- Scrip Code: 974311
- Action: Part redemption of debentures
- Reduced face value: Rs. 285,206.38 per debenture
- Reference: DR-746/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value
- Debentures to be traded with the new reduced face value from the effective date
- Trading members required to update their systems accordingly
Important Dates
- Notice Date: October 29, 2025
- Effective Date: October 30, 2025 (debentures to trade with reduced face value)
Impact Assessment
Market Impact: Minimal - affects only holders of specific debentures of Provident Cedar Private Limited
Operational Impact: Trading members need to update face value in their systems for this security
Investor Impact: Debenture holders will see reduced face value reflecting the partial redemption; remaining principal reduced to Rs. 285,206.38 per debenture
Impact Justification
Routine partial redemption of private company debentures affecting specific debt security holders only, with no broader market implications