Description
AYE FINANCE LIMITED announces part redemption of debentures with reduced face value effective August 14, 2025.
Summary
AYE FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures with record date of August 17, 2025. The debentures will trade with reduced face value of Rs. 20,827 per debenture effective August 14, 2025.
Key Points
- Company: AYE FINANCE LIMITED
- Debenture Code: AFL-11.60%-24-1-26-PVT
- ISIN: INE501X08081 (975348)
- Record Date: August 17, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 20,827 per debenture
- Effective Date: August 14, 2025
- Settlement Number: DR-695/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value effective from August 14, 2025, following the part redemption process.
Compliance Requirements
Trading members are required to note the change in face value and ensure proper settlement procedures are followed for the debenture trading.
Important Dates
- August 14, 2025: Effective date for reduced face value trading
- August 17, 2025: Record date for part redemption and interest payment
Impact Assessment
The part redemption will result in a significant reduction in the face value of the debentures, affecting the trading value and returns for debenture holders. This is a routine corporate action for debt securities management.
Impact Justification
Impacts debenture holders with face value reduction and trading modifications