Description
AAVAS FINANCIERS LIMITED has fixed record date for interest payment and part redemption of non-convertible debentures with reduced face value effective September 11, 2025.
Summary
AAVAS FINANCIERS LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The debentures will trade with reduced face value of Rs. 95,000 per debenture effective September 11, 2025.
Key Points
- Company: AAVAS FINANCIERS LIMITED
- ISIN Code: INE216P07290 (976856)
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 95,000 per debenture
- Settlement number: DR-713/2025-2026
Regulatory Changes
Trading in the company’s debentures will commence with reduced face value effective from the record date.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed for the debenture trading.
Important Dates
- Record Date: September 11, 2025
- Effective Date for reduced face value: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
This corporate action will affect debenture holders through partial redemption and interest payment. The reduced face value will be reflected in trading from the effective date, impacting the market pricing and settlement of these debt securities.
Impact Justification
Corporate action affecting debenture holders with face value reduction and interest payment