Description
AYE Finance Limited has fixed September 5, 2025 as record date for redemption and interest payment of 11.20% debentures, with trading suspended from September 4, 2025.
Summary
BSE has announced the suspension of trading in AYE Finance Limited’s 11.20% Non-Convertible Debentures (Code: 974234, ISIN: INE501X07315) effective September 4, 2025. The suspension is due to the company fixing September 5, 2025 as the record date for debenture redemption and interest payment.
Key Points
- Trading in AYE Finance Limited debentures (AFL-11.20%-20-9-27-PVT) suspended from September 4, 2025
- Record date fixed as September 5, 2025 for redemption and interest payment
- Debenture Code: 974234, ISIN: INE501X07315
- Notice reference: DR-708/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard operational procedure for corporate actions involving debenture redemption.
Compliance Requirements
- Trading members must not deal in the specified debentures from September 4, 2025
- All market participants must take note of the suspension and comply with no-dealing directive
Important Dates
- September 4, 2025: Trading suspension begins (no dealings from this date)
- September 5, 2025: Record date for debenture redemption and interest payment
Impact Assessment
The trading suspension affects holders of AYE Finance Limited’s 11.20% debentures maturing September 27, 2027. This is a routine corporate action with medium impact on debt market participants holding these securities. The suspension ensures proper settlement and record-keeping for the redemption and interest payment process.
Impact Justification
Trading suspension affects debt security holders but is a routine corporate action for scheduled redemption