Description

BSE notifies part redemption of two series of Non-Convertible Debentures of Edelweiss Rural & Corporate Services Limited with record date of March 13, 2026, resulting in reduced face values effective the same date.

Summary

BSE has notified trading members that Edelweiss Rural & Corporate Services Limited has fixed March 13, 2026 as the record date for part redemption of two series of Non-Convertible Debentures (NCDs). From the effective date, trading in both debenture series will occur at reduced face values under settlement DR-839/2025-2026.

Key Points

  • Two NCD series of Edelweiss Rural & Corporate Services Limited are undergoing part redemption
  • Record date for both series: March 13, 2026
  • Effective date for reduced face value trading: March 13, 2026
  • Settlement number: DR-839/2025-2026
  • Series 1 (ECSL-9.90%-30-6-27-PVT, INE657N07621, Code 956700): Reduced face value of Rs. 766,700 per debenture
  • Series 2 (EAVCL-9.90%-30-6-27-PVT, INE657N07613, Code 956710): Reduced face value of Rs. 766,650 per debenture
  • Both series carry a coupon rate of 9.90% and mature on June 30, 2027

Regulatory Changes

No new regulatory changes. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption of privately placed debentures.

Compliance Requirements

  • Trading members must note the reduced face values effective March 13, 2026
  • All trades in the affected debenture series from the effective date must reflect the new reduced face values
  • Members should update their systems to reflect the revised face values for both ISIN codes

Important Dates

  • Record Date: March 13, 2026 (for both debenture series)
  • Effective Date for Reduced Face Value Trading: March 13, 2026
  • Settlement: DR-839/2025-2026
  • Circular Date: March 11, 2026
  • Debenture Maturity Date: June 30, 2027

Impact Assessment

This part redemption reduces the face value of both NCD series, meaning existing holders receive a partial repayment of principal. The impact is limited to existing holders of these two privately placed debenture series. Trading members must ensure their systems reflect the updated face values from March 13, 2026. The reduction in face value (to Rs. 766,700 and Rs. 766,650 respectively) indicates a partial principal repayment has been made to debenture holders.

Impact Justification

Routine part redemption of privately placed NCDs affecting two debenture series; impacts existing debenture holders with reduced face values but limited broader market significance.