Description
AAVAS FINANCIERS LIMITED has fixed record date for 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 with record date set for September 11, 2025. The debentures will trade with reduced face value of Rs. 95,000 per debenture effective from the same date.
Key Points
- Company: AAVAS FINANCIERS LIMITED
- Debenture Code: AVFL-7.40%-26-6-30-PVT (ISIN: INE216P07290, BSE Code: 976856)
- Record Date: September 11, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 95,000 per debenture
- Effective Date: September 11, 2025 (Settlement: DR-713/2025-2026)
Regulatory Changes
No regulatory framework changes. This is a standard corporate action under existing debt securities regulations.
Compliance Requirements
- Trading members must note the reduced face value effective from September 11, 2025
- All trading in the debentures will be conducted at the new reduced face value
- Settlement will be processed under DR-713/2025-2026
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
Medium impact on debenture holders and traders. The part redemption reduces the outstanding principal amount, requiring adjustment in trading systems and investor portfolios. Interest payment accompanies the redemption, providing cash flow to debenture holders.
Impact Justification
Routine corporate action affecting debenture trading with face value reduction