Description
Trading suspension announced for AYE Finance Limited debentures from September 4, 2025 for record date purposes related to interest payment and redemption.
Summary
BSE has announced the suspension of trading in Non-Convertible Debentures of AYE FINANCE LIMITED effective September 4, 2025. The suspension is due to the company fixing September 5, 2025 as the record date for determining eligibility for interest payment and redemption of debentures carrying 11.20% coupon rate maturing on September 20, 2027.
Key Points
- Trading suspension effective from September 4, 2025
- Record date fixed as September 5, 2025
- Applicable to debentures with ISIN INE501X07315 (Code: 974234)
- Suspension relates to 11.20% coupon debentures maturing September 20, 2027
- Purpose: Redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes announced. This is a standard operational notice for record date determination.
Compliance Requirements
- Trading members must not deal in the specified AYE FINANCE LIMITED debentures from September 4, 2025
- All market participants must take note of the trading suspension
- Standard record date procedures apply for interest and redemption processing
Important Dates
- September 4, 2025: Trading suspension begins (no dealings allowed)
- September 5, 2025: Record date for interest payment and redemption
- September 20, 2027: Original maturity date of the debentures
Impact Assessment
The suspension affects holders and potential traders of AYE FINANCE LIMITED’s 11.20% debentures. Market impact is limited to the specific debt instrument. Existing holders as of the record date will be eligible for interest payment and redemption proceeds. Trading will presumably resume after record date processing is complete, though resumption date not specified in the notice.
Impact Justification
Trading suspension for specific debentures affects debt market participants but limited to one issuer