Description
BSE informs trading members that Provident Cedar Private Limited has partially redeemed its debentures (PCPL-17-4-28-PVT), resulting in a reduced face value of Rs. 239766.31 per debenture effective March 04, 2026.
Summary
BSE has notified trading members that Provident Cedar Private Limited has effected a partial redemption of its listed debentures. As a result, the face value per debenture has been reduced to Rs. 239766.31, and trading will reflect this revised face value from March 04, 2026 onwards.
Key Points
- Company: Provident Cedar Private Limited
- Scrip: PCPL-17-4-28-PVT | ISIN: INE0NF907031 (Scrip Code: 974311)
- Action: Part Redemption of Debentures
- Reduced Face Value post partial redemption: Rs. 239,766.31 per debenture
- Reference: DR-832/2025-2026
- Effective date for trading at reduced face value: March 04, 2026
Regulatory Changes
No new regulatory framework introduced. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption events.
Compliance Requirements
- Trading members are required to take note of the revised reduced face value of Rs. 239,766.31 per debenture for PCPL-17-4-28-PVT (ISIN: INE0NF907031).
- All trades in these debentures must reflect the updated face value from the effective date.
Important Dates
- Circular Date: March 02, 2026
- Effective Date for Reduced Face Value Trading: March 04, 2026
Impact Assessment
This circular has a focused impact on trading members and investors holding debentures of Provident Cedar Private Limited in the debt segment. The partial redemption reduces the outstanding face value per debenture from its previous level to Rs. 239,766.31. Members must update their systems to reflect the new face value to ensure accurate settlement and valuation from March 04, 2026.
Impact Justification
Affects trading members dealing in Provident Cedar Private Limited debentures with a specific reduced face value; operationally significant for debt segment participants but limited to a single private company instrument.