Description
AYE FINANCE LIMITED has fixed record dates for payment of interest and part redemption of non-convertible debentures with reduced face values effective December 16-17, 2025.
Summary
AYE FINANCE LIMITED has announced part redemption of two series of non-convertible debentures along with interest payment. The company has fixed record dates of December 16 and 17, 2025 for these corporate actions. Trading in the affected debentures will commence with reduced face values from the respective effective dates.
Key Points
- Two debenture series of AYE FINANCE LIMITED undergoing part redemption
- AFL-10.10%-31-3-27-PVT (ISIN: INE501X07646) - Record date: December 16, 2025
- AFL-11.60%-24-1-26-PVT (ISIN: INE501X08081) - Record date: December 17, 2025
- Both series will have reduced face values post-redemption
- Interest payment will be made along with part redemption
- Trading members notified to update systems for reduced face values
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note the record dates for determining eligible debenture holders
- Trading systems must be updated to reflect reduced face values from effective dates
- Settlement numbers DR-778/2025-2026 and DR-779/2025-2026 to be used for respective debentures
Important Dates
| Debenture Series | ISIN | Record Date | Effective Date | Settlement No. |
|---|---|---|---|---|
| AFL-10.10%-31-3-27-PVT | INE501X07646 | December 16, 2025 | December 16, 2025 | DR-778/2025-2026 |
| AFL-11.60%-24-1-26-PVT | INE501X08081 | December 17, 2025 | December 17, 2025 | DR-779/2025-2026 |
Impact Assessment
Debenture Holders: Eligible holders as of record dates will receive part redemption proceeds and accrued interest. Face values will be reduced post-redemption:
- AFL-10.10%-31-3-27-PVT: Reduced to Rs. 55,555.56 per debenture
- AFL-11.60%-24-1-26-PVT: Reduced to Rs. 4,159 per debenture
Market Impact: Limited broader market impact as this affects only specific debenture holders. Trading will continue with adjusted face values from effective dates.
Trading Members: Must update systems to reflect new face values to ensure accurate trading and settlement.
Impact Justification
Standard corporate action affecting debenture holders of AYE FINANCE LIMITED with specific record dates and face value changes for two debenture series