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 11, 2025.

Summary

AAVAS FINANCIERS LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE216P07290, Scrip Code: 976856) with a record date of December 11, 2025. The face value of the debentures will be reduced to Rs. 90,000 per debenture, effective from December 11, 2025 (Settlement No. DR-775/2025-2026). Trading members are notified that trading in these debentures will commence with the reduced face value from the effective date.

Key Points

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

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value of Rs. 90,000 per debenture effective from December 11, 2025
  • All trading and settlement activities must reflect the new face value from the effective date
  • Debenture holders eligible as per the record date will receive interest payment and partial redemption amount

Important Dates

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

Impact Assessment

Market Impact: Medium - Affects holders of specific debenture series (INE216P07290) of AAVAS FINANCIERS LIMITED. The part redemption will return capital to debenture holders and reduce the outstanding face value.

Operational Impact: Trading members need to update their systems to reflect the reduced face value of Rs. 90,000 per debenture from December 11, 2025. The debenture continues to trade but with adjusted face value post-redemption.

Investor Impact: Debenture holders as on record date will receive partial redemption proceeds along with interest payment. Future coupon payments will be calculated on the reduced face value of Rs. 90,000 instead of the original face value.

Impact Justification

Standard part redemption of debentures affecting specific debt securities holders. Impacts debenture holders of AAVAS FINANCIERS LIMITED with specific ISIN INE216P07290.