Description
Notice regarding partial redemption of debentures of Provident Cedar Private Limited with reduced face value effective January 30, 2026.
Summary
BSE has informed trading members that Provident Cedar Private Limited has partially redeemed its debentures (ISIN: INE0NF907031, Scrip Code: 974311), reducing the face value per debenture to Rs. 259,609.43. The debentures will trade with this reduced face value from January 30, 2026.
Key Points
- Issuer: Provident Cedar Private Limited
- ISIN: INE0NF907031
- Scrip Code: 974311 (PCPL-17-4-28-PVT)
- New reduced face value: Rs. 259,609.43 per debenture
- Action type: Part redemption of debentures
- Reference: DR-809/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
Trading members must:
- Note the reduced face value of Rs. 259,609.43 per debenture
- Ensure trading systems reflect the new face value from the effective date
- Update records for the debentures accordingly
Important Dates
- Notice Date: January 29, 2026
- Effective Date: January 30, 2026 (debentures will trade with reduced face value)
Impact Assessment
This is a routine partial redemption affecting only holders of Provident Cedar Private Limited debentures in the debt segment. The impact is limited to specific debenture holders and does not affect broader market operations. Trading members dealing with these securities need to update their systems to reflect the reduced face value.
Impact Justification
Routine partial redemption of private company debentures affecting limited market participants in debt segment