Description

BSE notice regarding part redemption of non-convertible debentures and interest payment with reduced face value effective September 10, 2025.

Summary

AAVAS FINANCIERS LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The debenture face value will be reduced to Rs. 300,000 per debenture effective September 10, 2025, with record date set for the same date.

Key Points

  • Company: AAVAS FINANCIERS LIMITED
  • Debenture Code: AFL-6.25%-25-03-27-PVT (INE216P07225)
  • Security ID: 973863
  • Record Date: September 10, 2025
  • Effective Date: September 10, 2025
  • Settlement Number: DR-712/2025-2026

Regulatory Changes

Trading in the debentures will commence with reduced face value from the effective date as notified by BSE.

Compliance Requirements

  • Trading members must note the face value reduction
  • Debentures will trade at Rs. 300,000 per debenture from September 10, 2025
  • All trading operations must reflect the new face value

Important Dates

  • Record Date: September 10, 2025 - For determining eligibility for interest payment and part redemption
  • Effective Date: September 10, 2025 - Reduced face value trading begins

Impact Assessment

The part redemption will reduce the outstanding debenture amount and modify trading parameters. Existing debenture holders will receive partial redemption proceeds and accrued interest. Trading liquidity may be affected due to the reduced face value and outstanding amount.

Impact Justification

Affects debenture holders and trading operations with face value reduction