Description

Part redemption of debentures reduces face value to Rs. 312.50 per debenture, effective from November 10, 2025.

Summary

BSE has informed that EARNEST CONSTRUCTIONS PRIVATE LIMITED has completed part redemption of its debentures (Scrip Code: 974942, ISIN: INE0HCI07011). Following the partial redemption, the face value of the debentures has been reduced from the original amount to Rs. 312.50 per debenture. Trading in these debentures will resume with the revised reduced face value effective from November 10, 2025.

Key Points

  • Company: EARNEST CONSTRUCTIONS PRIVATE LIMITED
  • Scrip Code: 974942
  • ISIN: INE0HCI07011
  • Debenture Series: ECPL-12%-25-6-27-PVT
  • Corporate Action: Part Redemption of Debentures
  • Reduced Face Value: Rs. 312.50 per Debenture
  • Record Date for Interest Payment and Redemption: September 24, 2025 (as per previous notice 20250919-17)
  • Debentures have been successfully part redeemed
  • Reference Document: DR-752/2025-2026

Regulatory Changes

No regulatory changes. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must note the reduced face value of Rs. 312.50 per debenture
  • All trading in these debentures must reflect the new reduced face value from the effective date
  • Trading members should update their systems and records accordingly

Important Dates

  • Notice Date: November 7, 2025
  • Previous Record Date: September 24, 2025 (for interest payment and redemption)
  • Effective Date for Trading with Reduced Face Value: November 10, 2025

Impact Assessment

Market Impact: Low - This affects only holders of a specific private limited company’s debt securities. The part redemption is a standard corporate action.

Operational Impact: Minimal - Trading members need to update the face value in their systems. No other operational changes required.

Investor Impact: Existing debenture holders have received partial redemption. The remaining debentures will trade at the reduced face value of Rs. 312.50 per debenture.

Impact Justification

Routine corporate action affecting a single private limited company's debt securities with reduced face value post partial redemption