Description

BSE notifies trading members that Provident Cedar Private Limited has partially redeemed its debentures (PCPL-17-4-28-PVT, INE0NF907031), reducing the face value to Rs. 239766.31 per debenture effective March 04, 2026.

Summary

BSE has informed trading members that Provident Cedar Private Limited has carried out a partial redemption of its listed debentures (scrip code PCPL-17-4-28-PVT, ISIN INE0NF907031 / 974311). As a result, the face value per debenture has been reduced to Rs. 239766.31. Trading in these debentures will reflect the new reduced face value from March 04, 2026 onwards.

Key Points

  • Company: Provident Cedar Private Limited
  • Instrument: PCPL-17-4-28-PVT (ISIN: INE0NF907031 / Scrip Code: 974311)
  • Action: Part Redemption of Debentures
  • Reduced Face Value: Rs. 239766.31 per Debenture
  • Effective Date for trading at reduced face value: March 04, 2026
  • Reference: DR-832/2025-2026

Regulatory Changes

No new regulatory framework introduced. This is a standard corporate action notification under BSE’s debt segment listing compliance procedures.

Compliance Requirements

  • Trading members must note the revised reduced face value of Rs. 239766.31 per debenture for PCPL-17-4-28-PVT.
  • All trades in this instrument from March 04, 2026 must reflect the new face value.
  • Members should update their systems and records accordingly prior to the effective date.

Important Dates

  • Circular Date: March 02, 2026
  • Effective Date (trading at reduced face value): March 04, 2026

Impact Assessment

This partial redemption reduces the outstanding principal per debenture, lowering the face value from its previous level to Rs. 239766.31. The impact is limited to holders and traders of this specific private placement debenture. Trading members dealing in debt instruments must ensure their trading systems reflect the updated face value by the effective date to avoid settlement discrepancies.

Impact Justification

Routine partial debenture redemption affecting face value of a single private limited company's debt instrument; relevant to holders of this specific debenture but limited broader market impact.