Description
Provident Cedar Private Limited has partially redeemed debentures (ISIN: INE0NF907031), reducing the face value to Rs. 280,223.47 per debenture effective December 2, 2025.
Summary
Provident Cedar Private Limited has executed a partial redemption of its debentures (Scrip Code: 974311, ISIN: INE0NF907031). Following this redemption, the face value per debenture has been reduced to Rs. 280,223.47. Trading members are advised that the debentures will trade with the revised face value from December 2, 2025.
Key Points
- Company: PROVIDENT CEDAR PRIVATE LIMITED
- Scrip Code: 974311
- ISIN: INE0NF907031 (PCPL-17-4-28-PVT)
- Action: Part Redemption of Debentures
- Reduced Face Value: Rs. 280,223.47 per Debenture
- Effective Trading Date: December 2, 2025
- Reference Number: DR-768/2025-2026
Regulatory Changes
No new regulatory changes. This is a corporate action notification regarding partial redemption of debentures in accordance with existing debt market regulations.
Compliance Requirements
- Trading members must note the reduced face value of Rs. 280,223.47 per debenture
- All trading in these debentures from December 2, 2025 onwards must reflect the new reduced face value
- Trading members are required to update their systems and records accordingly
Important Dates
- Notice Date: December 1, 2025
- Effective Trading Date: December 2, 2025
Impact Assessment
Market Impact: Medium - affects only holders of this specific debenture series
Investor Impact: Debenture holders will see a reduction in face value per debenture due to partial redemption. The reduced face value indicates that a portion of the principal has been returned to investors.
Operational Impact: Trading members must update trading systems to reflect the new face value to ensure accurate pricing and settlement of these debentures in secondary market transactions.
Impact Justification
Medium importance as it affects debenture holders of Provident Cedar Private Limited with specific face value reduction; limited market-wide impact but significant for investors holding these debentures.