Description
BSE notifies trading members of the reduced face value of debentures of Provident Cedar Private Limited following partial redemption, effective April 29, 2026.
Summary
BSE has notified trading members that Provident Cedar Private Limited has informed the exchange of a reduced face value per debenture following a partial redemption. The debenture (Scrip Code: 974311, ISIN: INE0NF907031) will trade at a reduced face value of Rs. 224,882.68 per debenture with effect from April 29, 2026.
Key Points
- Company: Provident Cedar Private Limited
- Scrip Code: 974311 (PCPL-17-4-28-PVT)
- ISIN: INE0NF907031
- Purpose: Part Redemption of Debenture
- Reduced Face Value: Rs. 224,882.68 per debenture
- Effective Date: April 29, 2026
- Reference: DR-620/2026-2027
Regulatory Changes
No new regulatory changes. This is a standard corporate action notice informing the market of a revised face value following partial redemption of privately placed debentures.
Compliance Requirements
Trading members of the exchange are required to take note of the revised face value and ensure all transactions in the mentioned debenture from April 29, 2026 reflect the reduced face value of Rs. 224,882.68 per debenture.
Important Dates
- Notice Date: April 28, 2026
- Effective Date for Reduced Face Value Trading: April 29, 2026
Impact Assessment
The impact is limited to holders and traders of Provident Cedar Private Limited’s debenture (PCPL-17-4-28-PVT). The reduced face value reflects a partial principal repayment to debenture holders. This is a routine debt market corporate action with no broader market implications.
Impact Justification
Routine partial redemption notice for a single privately placed debenture; affects only holders of this specific scrip with reduced face value from April 29, 2026.