Description

AAVAS Financiers Limited announces part redemption of non-convertible debentures with reduced face value effective December 11, 2025.

Summary

AAVAS Financiers Limited has announced part redemption of its Non-Convertible Debentures (ISIN: INE216P07290, Scrip Code: 976856) along with interest payment. The record date is set for December 11, 2025, and trading in these debentures will commence with a reduced face value effective from the same date. The face value will be reduced from Rs. 100,000 to Rs. 90,000 per debenture.

Key Points

  • Company: AAVAS Financiers Limited
  • ISIN: INE216P07290
  • Scrip Code: 976856
  • Debenture Series: AVFL-7.40%-26-6-30-PVT
  • Record Date: December 11, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 90,000 per debenture (from Rs. 100,000)
  • Effective Date: December 11, 2025
  • Settlement Number: DR-775/2025-2026

Regulatory Changes

No regulatory changes are introduced in this circular. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note that trading in AAVAS Financiers’ debentures will be conducted with the reduced face value of Rs. 90,000 per debenture effective December 11, 2025
  • Trading members should update their systems to reflect the new face value from the effective date
  • Debenture holders on record as of December 11, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Notice Date: December 02, 2025
  • Record Date: December 11, 2025
  • Effective Date for Reduced Face Value: December 11, 2025
  • Settlement: DR-775/2025-2026

Impact Assessment

Impact on Debenture Holders: Debenture holders will receive partial redemption amounting to Rs. 10,000 per debenture (10% of original face value) along with accrued interest. The continuing debentures will trade at the reduced face value of Rs. 90,000.

Market Impact: This is a routine corporate action for debt securities with limited broader market impact. The part redemption reduces the outstanding debt obligation of AAVAS Financiers Limited while providing liquidity to debenture holders.

Trading Impact: Trading members need to ensure their systems reflect the reduced face value from December 11, 2025 to ensure accurate pricing and settlement of trades in these debentures.

Impact Justification

Part redemption of debentures affects debt security holders of AAVAS Financiers with reduced face value from Rs. 100,000 to Rs. 90,000 per debenture