Description
Part redemption of two series of non-convertible debentures issued by Edelweiss Asset Reconstruction Company Limited with reduced face values effective January 1, 2026.
Summary
Edelweiss Asset Reconstruction Company Limited has announced part redemption of two series of non-convertible debentures. The record date is January 1, 2026, with trading to commence at reduced face values from the same date under settlement DR-789/2025-2026.
Key Points
- Two debenture series affected: EARCL-2%-7-10-28-PVT (ISIN: INE015L07576, Code: 958306) and EARC-2%-22-7-29-PVT (ISIN: INE015L07683, Code: 958889)
- Purpose: Payment of interest and part redemption of non-convertible debentures
- Trading will continue with reduced face values from the effective date
- Notice issued by BSE on December 30, 2025
Regulatory Changes
No regulatory changes. This is a standard corporate action involving part redemption of debt securities.
Compliance Requirements
- Trading Members must note the reduced face values effective from January 1, 2026
- Trading in affected debentures will be conducted at new face values from the effective date
- Settlement number DR-789/2025-2026 applicable
Important Dates
- Record Date: January 1, 2026
- Effective Date for Reduced Face Value: January 1, 2026
- Settlement Number: DR-789/2025-2026
- Notice Date: December 30, 2025
Impact Assessment
Debenture Details:
EARCL-2%-7-10-28-PVT (INE015L07576)
- New Reduced Face Value: Rs. 186,644.43 per debenture
EARC-2%-22-7-29-PVT (INE015L07683)
- New Reduced Face Value: Rs. 21,174.06 per debenture
Market Impact: Limited to holders of these specific debenture series. The part redemption returns capital to investors while reducing outstanding debt for the issuer. Trading members need to update systems to reflect new face values for accurate pricing and settlement.
Impact Justification
Part redemption affects specific debenture holders with significant face value reduction, limited broader market impact