Description

Edelweiss Asset Reconstruction Company Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective February 12, 2026.

Summary

Edelweiss Asset Reconstruction Company Limited has announced part redemption of its non-convertible debentures along with payment of interest. The record date has been set as February 12, 2026, and trading in the affected debentures will commence with reduced face value from the same date under settlement DR-819/2025-2026.

Key Points

  • Two series of debentures are affected: EARCL-2%-7-10-28-PVT (INE015L07576, Code: 958306) and EARC-2%-22-7-29-PVT (INE015L07683, Code: 958889)
  • Part redemption of debentures coupled with interest payment
  • Reduced face value for both series: Rs. 1000/- per debenture
  • Effective date for reduced face value trading: February 12, 2026
  • Settlement number: DR-819/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes. This is a corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note that trading in the affected debentures will be conducted with reduced face value effective from February 12, 2026
  • Members should update their systems to reflect the new face value of Rs. 1000/- per debenture for both series
  • Appropriate settlement procedures must be followed under DR-819/2025-2026

Important Dates

  • Record Date: February 12, 2026 (for determining eligible debenture holders for interest payment and part redemption)
  • Effective Date: February 12, 2026 (trading with reduced face value commences)
  • Notice Date: February 09, 2026

Impact Assessment

Market Impact: Medium - affects holders of two specific series of Edelweiss Asset Reconstruction Company debentures. Routine corporate action in the debt segment.

Investor Impact: Debenture holders will receive interest payment and partial redemption proceeds. Post-redemption, the face value of their holdings will be reduced to Rs. 1000/- per debenture.

Operational Impact: Trading members need to adjust their systems to reflect the reduced face value for accurate trading and settlement from the effective date.

Impact Justification

Routine corporate action affecting debt securities with specified face value reduction and interest payment for debenture holders