Description

BSE suspends trading in AYE FINANCE LIMITED debentures (INE501X07612) from January 9, 2026 due to upcoming redemption and interest payment with record date January 10, 2026.

Summary

BSE has issued a notice suspending trading in Non-Convertible Debentures of AYE FINANCE LIMITED (ISIN: INE501X07612, Code: 975852) effective January 9, 2026. The suspension is implemented due to the company fixing a record date of January 10, 2026 for redemption of debentures and payment of interest. Trading members are instructed not to deal in these debentures from the specified date.

Key Points

  • Trading suspension applies to AYE FINANCE LIMITED debentures with 10.60% coupon rate maturing in 2026
  • ISIN: INE501X07612
  • BSE Code: 975852
  • No dealings permitted from January 9, 2026 onwards
  • Record date set for January 10, 2026
  • Purpose: Redemption of debentures and payment of interest
  • Notice reference: DR-795/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure requiring temporary trading suspension to facilitate accurate determination of eligible debenture holders for redemption and interest payment.

Compliance Requirements

  • Trading members must not execute any trades in the specified debentures from January 9, 2026
  • Trading members must ensure compliance with the no-dealings instruction
  • Members should inform their clients holding these debentures about the trading suspension
  • Record date compliance for determining eligible holders for redemption and interest payment

Important Dates

  • Notice Date: January 1, 2026
  • Trading Suspension Date: January 9, 2026 (no dealings from this date)
  • Record Date: January 10, 2026 (for redemption and interest payment eligibility)

Impact Assessment

Debenture Holders: High impact - investors holding these debentures cannot exit positions through market trading from January 9, 2026. However, this is a planned suspension ahead of redemption and interest payment, so holders will receive their principal and interest as per the debenture terms.

Market Liquidity: Trading suspension eliminates secondary market liquidity for these specific debentures during the suspension period.

Operational Impact: Trading members must update their systems and inform clients about the trading restrictions to prevent failed transactions and compliance issues.

Impact Justification

Complete trading suspension affects debenture holders' ability to trade securities ahead of redemption and interest payment event