Description
AYE FINANCE LIMITED fixes record date for part redemption and interest payment on non-convertible debentures with reduced face value effective August 13, 2025.
Summary
AYE FINANCE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed August 13, 2025 as the record date for determining eligible debenture holders. Trading in the debentures will commence with a reduced face value of Rs. 50,000 per debenture from the effective date.
Key Points
- Company: AYE FINANCE LIMITED
- Debenture Code: AFL-10.50%-28-8-26-PVT (INE501X07620)
- ISIN: 975961
- Record Date: August 13, 2025
- Purpose: Part redemption of debentures and interest payment
- New face value: Rs. 50,000 per debenture
- Settlement Number: DR-694/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing debt market regulations.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- Debentures will trade with reduced face value from the effective date
- Standard record date procedures apply for determining eligible holders
Important Dates
- Record Date: August 13, 2025
- Effective Date for Reduced Face Value: August 13, 2025
- Settlement: DR-694/2025-2026
Impact Assessment
This corporate action affects holders of AYE FINANCE LIMITED’s non-convertible debentures. The part redemption reduces the outstanding principal amount, reflected in the reduced face value. Trading members need to adjust their systems to reflect the new face value for accurate price discovery and settlement.
Impact Justification
Standard corporate action affecting specific debenture holders with clear operational impact on trading