Description

Part redemption of two series of non-convertible debentures of 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 along with interest payment. The record date is set for January 1, 2026, with trading in these debentures continuing at reduced face values from the same date.

Key Points

  • Part redemption involves two debenture series: EARCL-2%-7-10-28-PVT (ISIN: INE015L07576, Code: 958306) and EARC-2%-22-7-29-PVT (ISIN: INE015L07683, Code: 958889)
  • Both debentures will trade at reduced face values effective January 1, 2026
  • The action includes payment of interest and part redemption of principal
  • Settlement number DR-789/2025-2026 applies to both securities

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action as per existing debenture terms.

Compliance Requirements

  • Trading members must note the reduced face values for both debenture series
  • Trading will continue with reduced face values from January 1, 2026
  • Members must ensure proper settlement under DR-789/2025-2026

Important Dates

  • Record Date: January 1, 2026 - For determining debenture holders eligible for interest payment and part redemption
  • Effective Date: January 1, 2026 - Trading commences with reduced face values
  • Settlement: DR-789/2025-2026

Impact Assessment

EARCL-2%-7-10-28-PVT (958306):

  • New reduced face value: Rs. 186,644.43 per debenture

EARC-2%-22-7-29-PVT (958889):

  • New reduced face value: Rs. 21,174.06 per debenture

Impact is limited to holders of these specific debenture series. Part redemption reduces outstanding principal while maintaining the securities in active trading with reduced face values. This is a scheduled event as per the debenture terms and does not indicate any credit issues or early redemption triggers.

Impact Justification

Routine corporate action affecting specific debenture holders of Edelweiss Asset Reconstruction Company with predetermined redemption schedule