Description
AAVAS FINANCIERS LIMITED announces 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
- ISIN: INE216P07290 (Code: 976856)
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 95,000 per debenture
- Settlement number: DR-713/2025-2026
Regulatory Changes
Trading in the company’s debentures will be conducted with the reduced face value effective from September 11, 2025.
Compliance Requirements
Trading members are required to note the change in face value for debenture trading from the effective date.
Important Dates
- Record Date: September 11, 2025
- Effective Date for Reduced Face Value: September 11, 2025
- Notice Date: September 9, 2025
Impact Assessment
The part redemption will reduce the outstanding debenture amount while providing liquidity to debenture holders. Trading will continue with the new reduced face value, affecting pricing and settlement calculations for market participants.
Impact Justification
Affects debenture holders through partial redemption and face value reduction