Description

Revised notification regarding part redemption of debentures with post-redemption face value of Rs. 1000 per debenture for four series of EARCL debentures.

Summary

BSE has issued a revised notice regarding the part redemption of debentures of Edelweiss Asset Reconstruction Company Limited. This notice updates the earlier communication dated June 12, 2025 (Notice No. 20250612-18) which had set the record date as June 17, 2025. The post-redemption face value for four series of EARCL debentures has been revised to Rs. 1,000 per debenture.

Key Points

  • This is a revised notice updating earlier communication No. 20250612-18 dated June 12, 2025
  • Record date for part redemption was June 17, 2025
  • Four series of EARCL debentures are affected by this part redemption
  • Post-redemption face value is Rs. 1,000 per debenture for all four series
  • All affected debentures are privately placed debt securities
  • Trading members are requested to take note of the revised information

Debenture Details

Affected Securities:

  1. EARCL-2%-28-03-27-PVT (ISIN: INE015L07469, Code: 956041)

    • Post-redemption face value: Rs. 1,000 per debenture

  2. EARCL-2%-29-3-27-PVT (ISIN: INE015L07477, Code: 956100)

    • Post-redemption face value: Rs. 1,000 per debenture

  3. EARCL-2%-27-4-27-PVT (ISIN: INE015L07501, Code: 956233)

    • Post-redemption face value: Rs. 1,000 per debenture

  4. EARCL-2%-26-4-27-PVT (ISIN: INE015L07493, Code: 956235)

    • Post-redemption face value: Rs. 1,000 per debenture

Regulatory Changes

No regulatory framework changes. This is a revision to previously communicated corporate action details.

Compliance Requirements

  • Trading members of BSE must note the revised post-redemption face values
  • Debenture holders affected by the part redemption should be aware of the updated face value of Rs. 1,000 per debenture
  • No additional compliance actions required beyond noting the revised information

Important Dates

  • Original Notice Date: June 12, 2025 (Notice No. 20250612-18)
  • Record Date: June 17, 2025 (already passed)
  • Revised Notice Date: November 7, 2025

Impact Assessment

Market Impact: Minimal. This is a clarification/revision of an already announced corporate action affecting privately placed debentures.

Investor Impact: Limited to existing debenture holders of the four specified EARCL series. The revision confirms the post-redemption face value at Rs. 1,000 per debenture.

Operational Impact: Trading members need to update their records with the revised face value information for proper accounting and client reporting purposes.

Impact Justification

Routine corporate action affecting only specific debenture holders of Edelweiss ARC with updated face value information following previously announced redemption