Description
Trading suspended in AAVAS FINANCIERS LIMITED debentures (AFL-6.63%-31-12-25-PVT) from December 16, 2025 due to record date for redemption and interest payment.
Summary
BSE has announced the suspension of trading in specific non-convertible debentures of AAVAS FINANCIERS LIMITED effective December 16, 2025. The suspension is due to the company fixing a record date for redemption of debentures and payment of interest. Trading members are advised not to deal in the specified debentures from the no-dealings date.
Key Points
- Trading suspended for AAVAS FINANCIERS LIMITED debentures (ISIN: INE216P07209, Scrip Code: 960390)
- Debenture series: AFL-6.63%-31-12-25-PVT with 6.63% interest rate
- Record date set for December 16, 2025
- Purpose: Redemption of debentures and payment of interest
- No dealings permitted from December 16, 2025
- Notice number: DR-778/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for debenture redemption and interest payment.
Compliance Requirements
- Trading members must not deal in the specified AAVAS FINANCIERS LIMITED debentures from December 16, 2025
- Trading members are required to take note of the suspension and ensure compliance
- Members must adhere to the no-dealings restriction for the specified debenture series
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 16, 2025
- No Dealings From: December 16, 2025
- Expected Redemption: December 31, 2025 (based on debenture maturity date in series name)
Impact Assessment
Market Impact: Limited to holders and traders of this specific debenture series. The suspension prevents trading but ensures proper settlement for redemption and interest payment to rightful holders as of record date.
Operational Impact: Trading members must update their systems to block trading in the specified debenture. Investors holding these debentures will receive redemption proceeds and final interest payment but cannot trade them from December 16, 2025.
Financial Impact: Debenture holders will receive their principal amount plus accrued interest. This is a planned maturity event with no adverse financial implications for the company or investors.
Impact Justification
Trading suspension affects specific debenture holders and dealers. Limited to single debt instrument with defined redemption date. Medium impact as it involves payment of interest and full redemption.