Description
Trading suspended in AAVAS FINANCIERS LIMITED debentures 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 (NCDs) of AAVAS FINANCIERS LIMITED effective December 16, 2025. The suspension is due to the company fixing a record date for the purpose of payment of interest and redemption of debentures. Trading members are advised not to deal in the specified debentures from the suspension date.
Key Points
- Trading suspension applies to AFL-6.63%-31-12-25-PVT debentures (ISIN: INE216P07209, Code: 960390)
- Record date fixed as December 16, 2025
- No dealings permitted from December 16, 2025
- Notice number: 20251211-79
- Reference: DR-778/2025-2026
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance And Operations
Regulatory Changes
No regulatory changes introduced. This is a procedural suspension for corporate action execution.
Compliance Requirements
- Trading members must not execute any deals in the specified AAVAS FINANCIERS LIMITED debentures from December 16, 2025
- Trading members are required to take note of the suspension and inform relevant stakeholders
- Adherence to the no-dealings restriction is mandatory
Important Dates
- Notice Date: December 11, 2025
- Record Date: December 16, 2025
- No Dealings From: December 16, 2025
Impact Assessment
Market Impact: Limited to holders and traders of the specific AAVAS FINANCIERS LIMITED NCD series (AFL-6.63%-31-12-25-PVT). The suspension affects liquidity for this instrument but is a standard corporate action procedure.
Investor Impact: Debenture holders on record as of December 16, 2025 will be eligible for interest payment and redemption. No trading will be possible from the suspension date, requiring investors to plan positions accordingly.
Operational Impact: Trading members must update their systems to block trading in the specified scrip code (960390) from December 16, 2025 onwards.
Impact Justification
Affects specific debenture holders of AAVAS FINANCIERS LIMITED with trading suspension from December 16, 2025 for redemption and interest payment purposes