Description
AAVAS FINANCIERS LIMITED announces part redemption of debentures with record date on December 10, 2025, reducing face value to Rs. 250,000 per debenture.
Summary
AAVAS FINANCIERS LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The record date has been fixed as December 10, 2025. Trading in the debentures will be conducted with reduced face value effective from the record date.
Key Points
- ISIN: INE216P07225 (Code: 973863)
- Debenture Series: AFL-6.25%-25-03-27-PVT
- Record Date: December 10, 2025
- Reduced Face Value: Rs. 250,000 per debenture
- Effective Date of Reduced Face Value: December 10, 2025
- Settlement Number: DR-774/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value of Rs. 250,000 per debenture effective from December 10, 2025
- All trading and settlement activities must reflect the reduced face value from the effective date
Important Dates
- Record Date: December 10, 2025 - Debenture holders as on this date will be eligible for interest payment and part redemption
- Effective Date: December 10, 2025 - Trading commences with reduced face value
- Settlement: DR-774/2025-2026
Impact Assessment
This corporate action has medium impact limited to holders of the specific debenture series (AFL-6.25%-25-03-27-PVT). The part redemption will result in reduced face value, providing partial capital return to debenture holders along with interest payment. Trading members need to update their systems to reflect the reduced face value for accurate pricing and settlement from the effective date.
Impact Justification
Routine corporate action affecting specific debenture holders with part redemption and interest payment, limited to debt segment investors