Description

Revision of terms for debt securities of Embassy Property Developments Pvt Ltd, including changes to scrip details, ISIN, and redemption date effective December 18, 2025.

Summary

BSE has issued an update regarding debt securities of Embassy Property Developments Pvt Ltd (EPDPL), continuing from notice 20251114-39 dated November 14, 2025. Effective December 18, 2025, Scrip Code 973361 will be available for trading with revised terms including changes to the scrip identifier, ISIN number, and an extended redemption date from July 2026 to December 2028.

Key Points

  • Scrip Code 973361 will continue trading with modified parameters
  • ISIN changes from INE003L07184 to INE003L07218
  • Scrip ID changes from EPDPGSEC26 to EPDPGSEC28
  • Abbreviated name changes from EPDPGSEC26 to EPDPGSEC28
  • Redemption date extended by approximately 2.5 years
  • Changes are effective from Friday, December 18, 2025

Regulatory Changes

This circular updates the trading parameters for existing debt securities. The modification includes:

  • New ISIN assignment (INE003L07218) replacing old ISIN (INE003L07184)
  • Updated scrip nomenclature to reflect new redemption timeline
  • Scrip long name changed from “EPDPL-GSEC-30-7-26-PVT” to “EPDPL-GSEC-7-12-28-PVT”

Compliance Requirements

  • Trading members must note the revised terms for Scrip Code 973361
  • System updates should reflect the new ISIN and scrip identifiers effective December 18, 2025
  • Trading members requiring further details should contact Ms. Bhairavi Bondale at +91 22 2272 8844 or debt.listing@bseindia.com

Important Dates

  • Notice Date: December 17, 2025
  • Effective Date: December 18, 2025 (Friday)
  • Old Redemption Date: July 30, 2026
  • New Redemption Date: December 7, 2028
  • Previous Related Notice: November 14, 2025 (Notice 20251114-39)

Impact Assessment

The extension of the redemption date from July 30, 2026 to December 7, 2028 represents a significant maturity extension of approximately 29 months. This modification impacts:

  • Holders of these debt securities who will see extended investment duration
  • Trading systems that need to update security master data
  • Portfolio management and duration calculations for institutional investors
  • Pricing and valuation models that incorporate maturity dates

The change requires coordination between the issuer, exchange, and market participants to ensure smooth transition to the new terms. Trading members should update their systems accordingly before the effective date.

Impact Justification

Medium importance as it involves modification of debt security terms including ISIN and redemption date extension for a specific issuer. Impact limited to holders and traders of this specific debt instrument.