Description
AYE FINANCE LIMITED announces part redemption of debentures with record date August 30, 2025, reducing face value to Rs. 25,000 per debenture effective August 29, 2025.
Summary
AYE FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures with a record date of August 30, 2025. The debentures will trade with reduced face value of Rs. 25,000 per debenture effective from August 29, 2025.
Key Points
- Company: AYE FINANCE LIMITED
- Debenture Code: AFL-10.75%-6-3-26-PVT
- ISIN: INE501X07554 (975466)
- Record Date: August 30, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 25,000 per debenture
- Effective date: August 29, 2025
- Settlement number: DR-704/2025-2026
Regulatory Changes
Trading in the debentures will commence with reduced face value from the effective date as per corporate action requirements.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- Debentures will trade with reduced face value from August 29, 2025
- Record date eligibility for interest payment and part redemption is August 30, 2025
Important Dates
- August 29, 2025: Effective date for reduced face value trading
- August 30, 2025: Record date for part redemption and interest payment
- Settlement: DR-704/2025-2026
Impact Assessment
Debenture holders of AYE FINANCE LIMITED will receive partial redemption proceeds and interest payments. The reduced face value will affect the trading dynamics and pricing of the debentures in the secondary market. Trading members need to adjust their systems to reflect the new face value for accurate trade processing.
Impact Justification
Affects debenture holders of AYE FINANCE LIMITED with face value reduction and trading implications