Description
Provident Cedar Private Limited has partially redeemed debentures with reduced face value effective January 30, 2026.
Summary
Provident Cedar Private Limited has completed a partial redemption of its debentures (ISIN: INE0NF907031, Scrip Code: 974311), resulting in a reduced face value of Rs. 259,609.43 per debenture. The debentures will trade with the new reduced face value effective January 30, 2026.
Key Points
- Company: Provident Cedar Private Limited
- Scrip Code: PCPL-17-4-28-PVT (974311)
- ISIN: INE0NF907031
- Reduced Face Value: Rs. 259,609.43 per debenture
- Effective Date: January 30, 2026
- Circular Reference: DR-809/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for partial debenture redemption.
Compliance Requirements
- Trading members must note the reduced face value for the debentures
- All trading in these debentures from January 30, 2026 onwards must reflect the new face value of Rs. 259,609.43 per debenture
- Trading members should update their systems accordingly
Important Dates
- Notice Date: January 29, 2026
- Effective Date for Trading with Reduced Face Value: January 30, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The partial redemption affects only holders of this specific private placement debenture. Trading members dealing with this security need to update their records to reflect the reduced face value. No broader market implications expected as this is a private limited company debenture with limited trading activity.
Impact Justification
Routine corporate action for private debentures with limited market impact, affecting only specific debenture holders of a private limited company