Description

BSE updates scrip names and abbreviations for 8 debt securities of Edelweiss Retail Finance Limited following name change to ECL Finance.

Summary

BSE has updated the scrip names and abbreviations for 8 debt securities of Edelweiss Retail Finance Limited (ERFL) to reflect a name change to ECL Finance (ECL). The update affects NCDs and perpetual bonds with maturity dates ranging from 2026 to 2028, with coupon rates between 8.88% and 10.40%.

Key Points

  • 8 debt securities affected by name change from ERFL to ECL
  • Includes 5 private placements and 3 NCDs
  • 2 perpetual bonds included in the update
  • Scrip codes and ISIN numbers remain unchanged
  • Only scrip names, abbreviations, and scrip IDs updated

Affected Securities

Private Placements

  • 955156 (INE528S08027): ERFL-9.95%-9-10-26-PVT → ECL-9.95%-9-10-26-PVT
  • 956802 (INE528S08035): ERFL-9.25%-31-7-27-PVT → ECL-9.25%-31-7-27-PVT
  • 957083 (INE528S08043): ERFL-9.25%-6-10-27-PVT → ECL-9.25%-6-10-27-PVT
  • 957246 (INE528S08050): ERFL-9.75%-PERPETUAL-PVT → ECL-9.75%-PERPETUAL-PVT
  • 957463 (INE528S08068): ERFL-10.00%-PERPETUAL-PVT → ECL-10.00%-PERPETUAL-PVT
  • 975514 (INE528S07169): ERFL-10.40%-18-3-27-PVT → ECL-10.40%-18-3-27-PVT

NCDs

  • 936130 (INE528S07110): ERFL-8.88%-22-3-28-NCD → ECL-8.88%-22-3-28-NCD
  • 936132 (INE528S07128): ERFL-9.25%-22-3-28-NCD → ECL-9.25%-22-3-28-NCD

Regulatory Changes

No regulatory changes. This is an administrative update to reflect corporate name change in BSE’s debt securities listing database.

Compliance Requirements

  • Market participants should update internal systems to reflect new scrip names and abbreviations
  • Investors holding these securities are not required to take any action
  • All existing ISIN numbers and scrip codes remain valid

Important Dates

  • Circular Date: November 27, 2025
  • Effective immediately upon circular issuance

Impact Assessment

Market Impact: Negligible. This is purely an administrative change with no impact on:

  • Trading operations
  • Bond valuations or coupon payments
  • Maturity dates or redemption schedules
  • Investor holdings or entitlements

Operational Impact: Minimal. Market participants may need to update reference data systems to reflect new nomenclature for accurate reporting and reconciliation.

Impact Justification

Administrative update changing scrip names and abbreviations for debt securities following company name change. No impact on trading, valuations, or investor holdings.