Description

BSE updates revised terms for debt securities of Inbrew Beverages Private Limited, including changes to coupon rates, maturity dates, and ISINs effective December 23, 2025.

Summary

BSE has issued an update regarding debt securities of Inbrew Beverages Private Limited, continuing from notice 20251014-9 dated October 14, 2025. Effective December 23, 2025, two debt securities will be available for trading with revised terms including new ISINs, increased coupon rates from 12.50% to 13.25%, and extended maturity dates.

Key Points

  • Two debt securities (Scrip Codes 976716 and 974276) will trade under revised terms from December 23, 2025
  • Coupon rate increased from 12.50% to 13.25% for both securities
  • New ISINs assigned: INE696R07042 and INE696R07059
  • Maturity dates extended for both securities
  • Scrip IDs and abbreviated names updated to reflect new terms

Regulatory Changes

Scrip Code 976716:

  • Old ISIN: INE696R07026 → New ISIN: INE696R07042
  • Old Scrip ID: 1250IBPL26 → New Scrip ID: 1325IBPL26
  • Coupon Rate: 12.50% → 13.25%
  • Maturity Date: May 23, 2026 → September 25, 2026
  • Scrip Long Name: IBPL-12.50%-23-5-26-PVT → IBPL-13.25%-25-9-26-PVT

Scrip Code 974276:

  • Old ISIN: INE696R07034 → New ISIN: INE696R07059
  • Old Scrip ID: 125IBPL25 → New Scrip ID: 1325IBP26A
  • Coupon Rate: 12.50% → 13.25%
  • Maturity Date: September 27, 2025 → September 25, 2026
  • Scrip Long Name: IBPL-12.50%-27-9-25-PVT → IBPLD-13.25%-25-9-26-PVT

Compliance Requirements

  • Trading members must note the revised terms for both debt securities
  • Systems should be updated to reflect new ISINs, scrip IDs, and terms
  • For queries, trading members can contact Ms. Pooja Trivedi at +91 22 2272 8844 or debt.listing@bseindia.com

Important Dates

  • Notice Date: December 22, 2025
  • Effective Date: December 23, 2025 (Tuesday) - Revised terms become applicable for trading
  • New Maturity Date (Both Securities): September 25, 2026

Impact Assessment

This update provides improved terms for debt holders of Inbrew Beverages Private Limited with higher coupon rates (13.25% vs 12.50%) and extended maturity periods. The change impacts trading members who must update their systems to accommodate new ISINs and trading parameters. The extension of maturity dates provides additional time for the issuer while compensating investors with higher coupon rates. This is a continuation of previous notices regarding these debt securities, indicating ongoing restructuring or refinancing activities.

Impact Justification

Affects existing debt holders of Inbrew Beverages with revised terms including higher coupon rates and extended maturity dates for specific debt securities