Description

AYE FINANCE LIMITED announces part redemption of debentures with reduced face value from Rs. 100,000 to Rs. 80,000 per debenture, effective November 14, 2025.

Summary

AYE FINANCE LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE501X07596, Code: 975698) along with interest payment. The record date is set as November 15, 2025. Following the part redemption, the face value of the debentures will be reduced from Rs. 100,000 to Rs. 80,000 per debenture, representing a 20% reduction. Trading in these debentures will commence with the reduced face value from November 14, 2025.

Key Points

  • Part redemption of 11.30% Non-Convertible Debentures maturing on May 30, 2029
  • ISIN: INE501X07596, Scrip Code: 975698
  • Reduced face value: Rs. 80,000 per debenture (from Rs. 100,000)
  • Reduction amount: Rs. 20,000 per debenture (20% of original face value)
  • Debenture series: AFL-11.30%-30-5-29-PVT
  • Interest payment to be made alongside part redemption

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notice for part redemption of debt securities as per existing regulations.

Compliance Requirements

  • Trading members must note the change in face value effective from November 14, 2025
  • All trades in these debentures from the effective date must reflect the reduced face value of Rs. 80,000
  • Trading members should update their systems to reflect the reduced face value
  • Settlement number: DR-756/2025-2026 applies for the effective date

Important Dates

  • Record Date: November 15, 2025 - for determining eligible debenture holders for part redemption and interest payment
  • Effective Date of Reduced Face Value: November 14, 2025 - trading begins with reduced face value
  • Settlement Number: DR-756/2025-2026

Impact Assessment

Debenture Holders: Existing holders will receive part redemption of Rs. 20,000 per debenture along with interest payment. Their holding will continue with reduced face value of Rs. 80,000 per debenture.

Market Impact: Limited market-wide impact as this affects only specific debenture holders of AYE FINANCE LIMITED. Trading liquidity may be temporarily affected as market participants adjust to the new face value.

Operational Impact: Trading systems and records must be updated to reflect the reduced face value from November 14, 2025. All outstanding positions will be revalued based on the new face value.

Financial Impact: Debenture holders receive 20% of principal back early, reducing their exposure to AYE FINANCE LIMITED while retaining the remaining 80% until maturity in 2029.

Impact Justification

Affects debenture holders of AYE FINANCE LIMITED with 20% face value reduction through part redemption; impacts debt instrument valuation and trading from November 14, 2025