Description
Name change update for 8 debt securities of Edelweiss Retail Finance Limited (ERFL) to ECL Finance Limited (ECL) with revised scrip names, abbreviations and IDs.
Summary
BSE has updated the naming convention for 8 debt securities of Edelweiss Retail Finance Limited (ERFL) to reflect the new entity name ECL Finance Limited (ECL). The changes include modifications to scrip long names, abbreviated names, and scrip IDs across both privately placed bonds and non-convertible debentures.
Key Points
- Total 8 debt securities affected by name change
- ISINs remain unchanged
- Scrip codes remain unchanged
- All instances of “ERFL” in security names replaced with “ECL”
- Includes both privately placed securities (PVT) and public NCDs
- Securities have various maturity dates ranging from 2026 to 2028, plus perpetual bonds
Securities Details
| Scrip Code | ISIN | Old Name | New Name | Maturity |
|---|---|---|---|---|
| 955156 | INE528S08027 | ERFL-9.95%-9-10-26-PVT | ECL-9.95%-9-10-26-PVT | Oct 9, 2026 |
| 956802 | INE528S08035 | ERFL-9.25%-31-7-27-PVT | ECL-9.25%-31-7-27-PVT | Jul 31, 2027 |
| 957083 | INE528S08043 | ERFL-9.25%-6-10-27-PVT | ECL-9.25%-6-10-27-PVT | Oct 6, 2027 |
| 957246 | INE528S08050 | ERFL-9.75%-PERPETUAL-PVT | ECL-9.75%-PERPETUAL-PVT | Perpetual |
| 957463 | INE528S08068 | ERFL-10.00%-PERPETUAL-PVT | ECL-10.00%-PERPETUAL-PVT | Perpetual |
| 936130 | INE528S07110 | ERFL-8.88%-22-3-28-NCD | ECL-8.88%-22-3-28-NCD | Mar 22, 2028 |
| 936132 | INE528S07128 | ERFL-9.25%-22-3-28-NCD | ECL-9.25%-22-3-28-NCD | Mar 22, 2028 |
| 975514 | INE528S07169 | ERFL-10.40%-18-3-27-PVT | ECL-10.40%-18-3-27-PVT | Mar 18, 2027 |
Regulatory Changes
No regulatory changes. This is an administrative update to reflect corporate name change from Edelweiss Retail Finance Limited to ECL Finance Limited.
Compliance Requirements
Market participants and investors should:
- Update internal systems with new security names and IDs
- Use new abbreviated names for trading and reference
- Note that ISINs and scrip codes remain unchanged for continuity
Important Dates
- Effective Date: November 27, 2025
Impact Assessment
Minimal impact on market operations. This is a purely administrative change with no effect on:
- Coupon rates
- Maturity dates
- Trading mechanics
- Investor rights or obligations
- ISIN numbers
- Scrip codes
Investors holding these securities will see updated names in their portfolios but all terms and conditions remain identical.
Impact Justification
Administrative name change for debt securities; no impact on trading terms, coupon rates, or maturity dates