Description
AAVAS FINANCIERS LIMITED announces part redemption of debentures with reduced face value from Rs. 100,000 to Rs. 95,000 per debenture effective September 11, 2025.
Summary
AAVAS FINANCIERS LIMITED has announced a part redemption of its Non-Convertible Debentures (INE216P07290) with a record date of September 11, 2025. The debentures will trade with a reduced face value of Rs. 95,000 per debenture (down from Rs. 100,000) effective from September 11, 2025, settlement DR-713/2025-2026.
Key Points
- Company: AAVAS FINANCIERS LIMITED
- Debenture 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
- Effective Date: September 11, 2025
- Settlement Number: DR-713/2025-2026
Regulatory Changes
Trading in AAVAS FINANCIERS LIMITED debentures will commence with reduced face value from the effective date. This represents a partial redemption reducing the face value by Rs. 5,000 per debenture.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed from the effective date. All trading activities must reflect the new reduced face value of Rs. 95,000 per debenture.
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Settlement: DR-713/2025-2026
- Circular Date: September 8, 2025
Impact Assessment
Debenture holders will receive partial redemption payment along with interest payment. The reduction in face value from Rs. 100,000 to Rs. 95,000 represents a 5% partial redemption. Trading members and investors must adjust their records and trading systems to reflect the new face value effective from September 11, 2025.
Impact Justification
Significant corporate action affecting debenture holders with face value reduction and trading implications