Description

ECL Finance Limited securities admitted to NSE Debt Segment following transfer from Edelweiss Retail Finance Limited through Scheme of Arrangement.

Summary

NSE has admitted securities of ECL Finance Limited to dealings on the Debt Segment, effective December 02, 2025. This follows the transfer of securities from Edelweiss Retail Finance Limited to ECL Finance Limited pursuant to a Scheme of Arrangement. Two debenture instruments with symbol ECL28 and maturity date March 22, 2028 have been listed.

Key Points

  • Securities transferred from Edelweiss Retail Finance Limited to ECL Finance Limited through Scheme of Arrangement
  • Two debenture instruments admitted: ECL28RDNGDB22032018T1 with different coupon rates
  • Instruments have AA rating from CRISIL
  • Both are public issue, fixed coupon, periodic payment debentures
  • Effective date: December 02, 2025

Regulatory Changes

No regulatory changes. This is an administrative listing action following corporate restructuring.

Compliance Requirements

Members should note the admission of these securities for trading on the Debt Segment. The circular references previous circulars NSE/CML/23366 dated May 8, 2013 and NSE/DS/24832 dated October 25, 2013 for relevant procedures.

Important Dates

  • Circular Date: December 01, 2025
  • Effective Date: December 02, 2025
  • Maturity Date: March 22, 2028 (for both instruments)
  • Original Issue Date: March 22, 2018

Securities Details

Instrument 1

  • Symbol: ECL28
  • Instrument Name: RDNGDB
  • ISIN: INE528S07110
  • Coupon Rate: 8.88%
  • Coupon Type: Fixed, Periodic
  • Credit Rating: CRISIL AA
  • Issue Type: Public
  • Tick Size: 0.01

Instrument 2

  • Symbol: ECL28
  • Instrument Name: RDNGDB
  • ISIN: INE528S07128
  • Coupon Rate: 9.25%
  • Coupon Type: Fixed, Periodic
  • Credit Rating: CRISIL AA
  • Issue Type: Public
  • Tick Size: 0.01

Impact Assessment

Minimal market impact. This is a routine listing action that enables trading of debt securities that were previously held by Edelweiss Retail Finance Limited. The securities maintain their original terms and ratings. Only impacts debt market participants trading these specific instruments.

Impact Justification

Routine administrative listing of debt securities following corporate restructuring; affects only debt segment trading with no broader market implications