Description

BSE notifies changes to scrip names, abbreviations, and IDs for 8 debt securities of Edelweiss Retail Finance Limited following company name change to ECL Finance Limited.

Summary

BSE has updated the scrip names, abbreviations, and scrip IDs for 8 debt securities of Edelweiss Retail Finance Limited following the company’s name change to ECL Finance Limited. This is an administrative update that changes the nomenclature from ERFL to ECL across all affected securities while maintaining the same ISIN numbers and scrip codes.

Key Points

  • 8 debt securities affected by the name change update
  • Scrip codes and ISIN numbers remain unchanged
  • Scrip long names updated from ERFL prefix to ECL prefix
  • Abbreviated names updated from ERFL suffix to ECL/ECLF suffix
  • External and new scrip IDs updated to reflect new company name
  • Affected securities include NCDs and perpetual bonds with various coupon rates

Securities Affected

Updated Debt Securities

  1. INE528S08027 (Scrip: 955156): 9.95% bonds maturing 9-10-26
  2. INE528S08035 (Scrip: 956802): 9.25% bonds maturing 31-7-27
  3. INE528S08043 (Scrip: 957083): 9.25% bonds maturing 6-10-27
  4. INE528S08050 (Scrip: 957246): 9.75% perpetual bonds
  5. INE528S08068 (Scrip: 957463): 10.00% perpetual bonds
  6. INE528S07110 (Scrip: 936130): 8.88% NCDs maturing 22-3-28
  7. INE528S07128 (Scrip: 936132): 9.25% NCDs maturing 22-3-28
  8. INE528S07169 (Scrip: 975514): 10.40% bonds maturing 18-3-27

Compliance Requirements

  • No action required from investors or market participants
  • System updates to reflect new nomenclature
  • Recognition of new scrip names and IDs in trading systems

Important Dates

  • Circular Date: November 27, 2025
  • Effective Date: Immediate upon circular publication

Impact Assessment

Market Impact: Minimal - This is a purely administrative change with no impact on trading, pricing, or terms of the debt securities.

Operational Impact: Low - System changes required to update scrip names and identifiers, but no change to underlying securities or their characteristics.

Investor Impact: None - Investors holding these securities are not required to take any action. The ISIN numbers and scrip codes remain unchanged, ensuring continuity in holdings and transactions.

Impact Justification

Administrative update reflecting company name change with no impact on trading or security terms