Description
BSE suspends trading in AYE Finance Limited debentures due to record date fixation for interest payment and redemption.
Summary
BSE has suspended trading in Non-Convertible Debentures of AYE FINANCE LIMITED effective August 14, 2025, due to the company fixing a record date of August 16, 2025 for interest payment and redemption purposes.
Key Points
- Trading suspension applies to AYE Finance Limited debentures (Code: AFL-9.50%-23-8-25-PVT, ISIN: INE501X07547)
- Suspension effective from August 14, 2025
- Record date fixed for August 16, 2025
- Purpose: Redemption of debentures and payment of interest
- Trading members advised not to deal in these debentures
Regulatory Changes
No regulatory framework changes. Standard procedure for corporate action-related trading suspensions.
Compliance Requirements
- Trading members must cease dealing in the specified debentures from August 14, 2025
- Members must take note of the suspension and comply with the directive
- No transactions permitted until further notice
Important Dates
- August 13, 2025: Circular issued
- August 14, 2025: Trading suspension effective date
- August 16, 2025: Record date for interest payment and redemption
Impact Assessment
Limited market impact as suspension affects only specific debt securities of AYE Finance Limited. Temporary measure to facilitate corporate action processing. Investors holding these debentures should prepare for upcoming interest payment and redemption process.
Impact Justification
Temporary trading suspension affects specific debt securities of AYE Finance Limited