Description
BSE suspends trading in AYE Finance debentures from August 14, 2025 due to redemption and interest payment with record date of August 16, 2025.
Summary
BSE has suspended trading in non-convertible debentures of AYE FINANCE LIMITED (Code: AFL-9.50%-23-8-25-PVT, ISIN: INE501X07547) effective August 14, 2025, due to the company fixing a record date for redemption and interest payment purposes.
Key Points
- Trading suspension applies to AYE Finance debentures with 9.50% coupon rate
- ISIN: INE501X07547 (BSE Code: 975418)
- Record date set for August 16, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these securities
Regulatory Changes
No regulatory changes - standard procedure for debenture redemption process.
Compliance Requirements
- Trading members must cease all dealings in the specified AYE Finance debentures
- No transactions permitted from August 14, 2025 onwards
- Members required to take note of the suspension
Important Dates
- August 13, 2025: Notice date
- August 14, 2025: Trading suspension begins (no dealings from this date)
- August 16, 2025: Record date for redemption and interest payment
Impact Assessment
Limited market impact as suspension affects only specific debentures of one issuer. Investors holding these securities will receive redemption proceeds and interest payments as per the record date. Standard corporate action with temporary trading restriction.
Impact Justification
Affects trading in specific debentures but limited to one issuer with clear timeline