Description

AAVAS Financiers Limited has fixed record date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective December 10, 2025.

Summary

AAVAS Financiers Limited has announced part redemption of its non-convertible debentures (ISIN: INE216P07225, Code: AFL-6.25%-25-03-27-PVT, Scrip Code: 973863) along with payment of interest. The record date is set for December 10, 2025, and trading will commence with reduced face value from the same date.

Key Points

  • Part redemption of non-convertible debentures of AAVAS Financiers Limited
  • Record date fixed for December 10, 2025
  • Debenture ISIN: INE216P07225
  • Debenture Code: AFL-6.25%-25-03-27-PVT
  • Scrip Code: 973863
  • Reduced face value: Rs. 250,000 per debenture
  • Trading with reduced face value effective from December 10, 2025
  • Settlement number: DR-774/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice.

Compliance Requirements

  • Trading members must note that trading in the debentures will be with reduced face value effective December 10, 2025
  • Trading members should update their systems to reflect the reduced face value of Rs. 250,000 per debenture
  • All trading activities must account for the part redemption from the effective date

Important Dates

  • Record Date: December 10, 2025 - For determining eligibility for interest payment and part redemption
  • Effective Date: December 10, 2025 - Trading commences with reduced face value
  • Notice Date: November 28, 2025
  • Settlement Number: DR-774/2025-2026

Impact Assessment

Market Impact: Medium - Affects holders of specific AAVAS Financiers debentures. The part redemption will return capital to debenture holders while reducing the outstanding face value.

Operational Impact: Trading members need to update their systems to reflect the reduced face value of Rs. 250,000 per debenture from December 10, 2025. This is a routine corporate action with standard operational requirements.

Investor Impact: Debenture holders as on record date will receive part redemption proceeds along with interest payment. Post-redemption, the face value of their holdings will be reduced to Rs. 250,000 per debenture.

Impact Justification

Standard corporate action affecting specific debenture holders of AAVAS Financiers with defined record date and reduced face value, relevant primarily to debt security holders