Description

BSE notifies trading members of partial redemption of debentures of Provident Cedar Private Limited, with reduced face value of Rs. 239766.31 per debenture effective March 04, 2026.

Summary

BSE has informed trading members that Provident Cedar Private Limited has undergone a partial redemption of its debentures. As a result, the face value per debenture has been reduced to Rs. 239766.31. The debentures will be traded at this reduced face value effective March 04, 2026.

Key Points

  • Company: Provident Cedar Private Limited
  • Scrip Code: PCPL-17-4-28-PVT
  • ISIN: INE0NF907031 (974311)
  • Purpose: Part Redemption of Debentures
  • Reduced Face Value: Rs. 239766.31 per Debenture
  • Reference: DR-832/2025-2026
  • Circular issued by: Ma rian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory framework introduced. This circular operationalizes an existing corporate action (partial debenture redemption) under BSE’s debt segment procedures, resulting in a revised face value for the affected scrip.

Compliance Requirements

  • Trading members must update their systems to reflect the reduced face value of Rs. 239766.31 per debenture for scrip PCPL-17-4-28-PVT (ISIN: INE0NF907031).
  • All trades in this debenture from March 04, 2026 onwards must be executed at the revised face value.
  • Members are advised to take note and ensure compliance with the updated face value for settlement and reporting purposes.

Important Dates

  • Circular Date: March 02, 2026
  • Effective Date for Revised Face Value Trading: March 04, 2026

Impact Assessment

This circular has a moderate operational impact on trading members active in the debt segment who hold or trade Provident Cedar Private Limited debentures (PCPL-17-4-28-PVT). The reduction in face value from the original amount to Rs. 239766.31 reflects the partial redemption paid out to debenture holders. Trading systems and valuation models must be updated prior to March 04, 2026 to avoid erroneous trade execution or settlement discrepancies. The impact is limited to participants in this specific privately placed debenture issue.

Impact Justification

Affects trading members dealing in Provident Cedar Private Limited debentures; changes face value for trading purposes from effective date, requiring system and price updates.