Description

BSE updates trading details for Embassy Property Developments Pvt Ltd debt securities with revised ISIN, scrip codes, and extended redemption date from July 2026 to December 2028.

Summary

BSE has issued an update regarding debt securities of Embassy Property Developments Pvt Ltd (EPDPL), effective December 18, 2025. This notice continues from previous communication dated November 14, 2025. The update involves changes to scrip identification details and a significant extension of the redemption date from July 2026 to December 2028. Trading members must note the revised terms for Scrip Code 973361, which will be available for trading under new parameters.

Key Points

  • Scrip Code 973361 will continue trading with revised terms effective December 18, 2025
  • New ISIN assigned: INE003L07218 (replacing INE003L07184)
  • Scrip ID changed from EPDPGSEC26 to EPDPGSEC28
  • Abbreviated name updated from EPDPGSEC26 to EPDPGSEC28
  • Redemption date extended by approximately 2.4 years
  • This is a continuation of notice 20251114-39 dated November 14, 2025

Regulatory Changes

The securities will trade under revised identification parameters while maintaining the same scrip code 973361. The ISIN change from INE003L07184 to INE003L07218 reflects the modified terms of the debt instrument. The scrip long name changes from “EPDPL-GSEC-30-7-26-PVT” to “EPDPL-GSEC-7-12-28-PVT” to reflect the new redemption date.

Compliance Requirements

  • Trading members must update their systems to recognize the new ISIN (INE003L07218)
  • Update scrip identification details (EPDPGSEC28) in trading systems
  • Note the revised redemption date in all client communications and records
  • For queries, contact Ms. Bhairavi Bondale at +91 22 2272 8844 or debt.listing@bseindia.com

Important Dates

  • Effective Date: December 18, 2025 (Friday) - Revised terms become applicable for trading
  • Original Redemption Date: July 30, 2026
  • New Redemption Date: December 7, 2028
  • Reference Notice Date: November 14, 2025 (Notice 20251114-39)

Impact Assessment

The extension of the redemption date by approximately 29 months represents a material change to the debt security terms, potentially affecting investor portfolios and maturity planning. The ISIN change requires system updates across trading platforms and back-office operations. This modification may impact yield calculations and duration metrics for portfolios holding these securities. Trading members and investors should reassess their investment strategies based on the extended maturity profile. The change affects a single issuer’s debt instruments and is operationally manageable with proper system updates.

Impact Justification

Material change affecting debt security trading with revised ISIN and extended redemption period, requiring trader awareness but limited to single issuer