Description

BSE notifies trading members that Provident Cedar Private Limited has partially redeemed its debentures (PCPL-17-4-28-PVT), reducing the face value to Rs. 239,766.31 per debenture, effective March 4, 2026.

Summary

BSE has informed trading members that Provident Cedar Private Limited has carried out a partial redemption of its privately placed debentures (scrip code 974311, ISIN INE0NF907031). As a result of this partial redemption, the face value per debenture has been reduced to Rs. 2,39,766.31. The revised face value will be applicable for trading with effect from March 4, 2026.

Key Points

  • Company: Provident Cedar Private Limited
  • Scrip Name: PCPL-17-4-28-PVT
  • Scrip Code: 974311
  • ISIN: INE0NF907031
  • Reduced Face Value per Debenture after partial redemption: Rs. 2,39,766.31
  • Effective date for trading at reduced face value: March 4, 2026
  • Reference: DR-832/2025-2026

Regulatory Changes

No new regulatory framework introduced. This circular reflects the operational update to the debenture’s face value following a corporate action (partial redemption) by the issuer in line with the terms of the debt instrument.

Compliance Requirements

  • Trading members of BSE dealing in the debt segment must update their systems to reflect the reduced face value of Rs. 2,39,766.31 per debenture for scrip PCPL-17-4-28-PVT (ISIN: INE0NF907031).
  • All trades in this debenture from March 4, 2026 onwards must be executed at the updated face value.

Important Dates

  • Circular Date: March 2, 2026
  • Effective Date of Reduced Face Value: March 4, 2026

Impact Assessment

This is a routine debt market corporate action. The partial redemption reduces the outstanding principal per debenture, which directly lowers the traded face value. Trading members in the debt segment must update their trading parameters for this scrip. The impact is limited to holders and traders of this specific privately placed debenture of Provident Cedar Private Limited. No broader market or systemic impact is anticipated.

Impact Justification

Routine partial debenture redemption for a private limited company affecting debt segment trading members; reduces face value significantly but limited to a single scrip on the debt market.