Description
BSE notifies partial redemption of PCPL debentures with reduced face value of Rs. 280,223.47 per debenture effective December 02, 2025.
Summary
BSE has informed trading members about the partial redemption of debentures issued by Provident Cedar Private Limited. The debentures (ISIN: INE0NF907031, Scrip Code: 974311) will trade with a reduced face value of Rs. 280,223.47 per debenture effective December 02, 2025.
Key Points
- Company: Provident Cedar Private Limited
- ISIN: INE0NF907031
- Scrip Code: 974311 (PCPL-17-4-28-PVT)
- Reduced Face Value: Rs. 280,223.47 per debenture
- Effective Date: December 02, 2025
- Reference: DR-768/2025-2026
- Notice Number: 20251201-14
Regulatory Changes
No regulatory changes introduced. This is a notification of a corporate action (partial redemption) that affects the trading parameters of the debentures.
Compliance Requirements
- Trading members must note the reduced face value for trading purposes
- All trades in these debentures from December 02, 2025 onwards must reflect the new face value of Rs. 280,223.47 per debenture
- Trading members should update their systems to reflect the revised face value
Important Dates
- Notice Date: December 01, 2025
- Effective Date for Trading with Reduced Face Value: December 02, 2025
Impact Assessment
This circular has limited market-wide impact as it pertains to debentures of a private limited company. The impact is primarily on:
- Debenture Holders: Will receive partial redemption proceeds; their remaining investment will be reflected at the reduced face value
- Trading Members: Must update trading systems to reflect the new face value
- Market Impact: Minimal, as this affects a specific private placement debt security with likely limited trading activity
The partial redemption reduces the outstanding principal amount per debenture, which is a normal corporate debt management action.
Impact Justification
Routine corporate action affecting specific debenture holders of a private limited company with limited broader market impact