Description

BSE updates scrip names and identifiers for 14 debt securities of Piramal Enterprises Limited following corporate name change to Piramal Finance Limited.

Summary

BSE has updated the scrip names, abbreviations, and identifiers for 14 debt securities (NCDs and privately placed debentures) of Piramal Enterprises Limited following the company’s name change to Piramal Finance Limited (PFL). All securities remain listed with status ‘L’ and only nomenclature has been updated in BSE systems.

Key Points

  • 14 debt securities affected across various maturities (2026-2035)
  • Scrip long names changed from “PEL” prefix to “PFL” prefix
  • Extended abbreviation names updated (e.g., 875PEL26 to 875PFL26)
  • All securities maintain their original ISIN numbers
  • Original scrip codes (974653, 975446, etc.) remain unchanged
  • Listed status confirmed as ‘L’ for all securities
  • Update reflects corporate name change from Piramal Enterprises Limited to Piramal Finance Limited

Affected Securities

Privately Placed Debentures (11 securities):

  • 8.75% maturing 29-5-26 (Scrip: 974653)
  • 9.35% maturing 27-2-26 (Scrip: 975446)
  • 9.5% maturing 7-7-34 (Scrip: 975812)
  • 9.1% maturing 23-2-35 (Scrip: 976438)
  • 9.30% maturing 9-4-29 (Scrip: 976608)
  • 9.19% maturing 08-08-28 (Scrip: 976681)
  • 9.12% maturing 06-08-27 (Scrip: 976682)

Non-Convertible Debentures (3 securities):

  • 9.05% maturing 3-11-26 (Scrip: 938952)
  • 9.20% maturing 3-11-28 (Scrip: 938956)
  • 9.35% maturing 3-11-33 (Scrip: 938958)

Regulatory Changes

No regulatory changes involved. This is an administrative update to reflect the parent company’s corporate name change in BSE’s debt securities records.

Compliance Requirements

  • No action required from investors or debenture holders
  • Securities continue to trade under existing ISIN numbers and scrip codes
  • Only display names and abbreviations updated in BSE systems
  • All terms and conditions of debt securities remain unchanged

Important Dates

  • Circular Date: November 4, 2025
  • Effective Date: Immediate upon circular publication

Impact Assessment

Market Impact: Nil - This is purely an administrative nomenclature update with no trading, settlement, or pricing implications.

Investor Impact: Minimal - Investors will see updated security names in BSE systems but all ISINs, scrip codes, and investment terms remain identical. No action required from debenture holders.

Operational Impact: BSE systems updated to reflect new naming convention. Market participants should update internal records to reflect PFL nomenclature for these securities.

Impact Justification

Administrative update reflecting corporate name change for debt securities. No impact on trading or investor holdings, only nomenclature changes in BSE systems.