Description

AAVAS FINANCIERS LIMITED has fixed record date of December 10, 2025 for part redemption of debentures and interest payment with reduced face value of Rs. 250,000 per debenture.

Summary

AAVAS FINANCIERS LIMITED has announced a part redemption of its non-convertible debentures (ISIN: INE216P07225, Code: AFL-6.25%-25-03-27-PVT) with a record date of December 10, 2025. The debentures will trade with reduced face value of Rs. 250,000 per debenture effective from the same date. This corporate action also includes payment of interest to eligible debenture holders.

Key Points

  • Company: AAVAS FINANCIERS LIMITED
  • Security Code: 973863
  • ISIN: INE216P07225
  • Debenture Series: AFL-6.25%-25-03-27-PVT
  • Record Date: December 10, 2025
  • Reduced Face Value: Rs. 250,000 per debenture
  • Effective Date: December 10, 2025
  • Settlement Number: DR-774/2025-2026
  • Purpose: Part redemption of debentures and payment of interest

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification as per existing debt market regulations.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 10, 2025
  • All trading and settlement systems must reflect the new reduced face value of Rs. 250,000 per debenture from the effective date
  • Trading members should inform their clients holding these debentures about the part redemption and face value reduction

Important Dates

  • Record Date: December 10, 2025 - Eligibility date for part redemption and interest payment
  • Effective Date for Reduced Face Value: December 10, 2025 (Settlement No. DR-774/2025-2026)
  • Notice Date: November 28, 2025

Impact Assessment

Market Impact: Medium - This affects holders of specific debenture series of AAVAS FINANCIERS LIMITED. The part redemption will reduce the outstanding face value to Rs. 250,000 per debenture, returning capital to debenture holders while maintaining the security in circulation.

Investor Impact: Debenture holders as of the record date will receive partial redemption proceeds along with interest payment. Post-redemption, their holding will have reduced face value.

Operational Impact: Trading systems and records must be updated to reflect the new reduced face value from the effective date to ensure accurate pricing and settlement.

Impact Justification

Routine corporate action affecting specific debenture holders of AAVAS FINANCIERS LIMITED with part redemption reducing face value to Rs. 250,000