Description
BSE announces part redemption of AYE FINANCE LIMITED debentures with reduced face value of Rs. 20,827 per debenture effective August 14, 2025.
Summary
BSE has announced the part redemption of Non-Convertible Debentures of AYE FINANCE LIMITED. The debentures will trade with a reduced face value of Rs. 20,827 per debenture effective August 14, 2025, following the company’s decision to conduct part redemption along with interest payment.
Key Points
- AYE FINANCE LIMITED (Code: AFL-11.60%-24-1-26-PVT, ISIN: INE501X08081, BSE Code: 975348) will conduct part redemption of debentures
- Record date fixed as August 17, 2025 for interest payment and part redemption
- Reduced face value of Rs. 20,827 per debenture will be effective from August 14, 2025
- Trading settlement number: DR-695/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for part redemption of debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from August 14, 2025
- All trading in these debentures will be conducted at the new reduced face value
- Members should update their systems to reflect the new face value for proper settlement
Important Dates
- August 14, 2025: Effective date for reduced face value trading
- August 17, 2025: Record date for part redemption and interest payment
- Settlement Number: DR-695/2025-2026
Impact Assessment
The part redemption will directly impact holders of AYE FINANCE LIMITED debentures by reducing the outstanding principal amount. Trading members and investors need to adjust their positions and valuations based on the new reduced face value. This is a routine corporate action that maintains orderly debt market operations while returning capital to debenture holders.
Impact Justification
Part redemption affects debenture trading with reduced face value, impacting debt market participants