Description

AAVAS FINANCIERS LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures, with reduced face value effective January 5, 2026.

Summary

AAVAS FINANCIERS LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE216P07233, Scrip Code: 974985) along with interest payment. The record date is set for January 5, 2026, and the face value of the debentures will be reduced to Rs. 50,000 per debenture effective from the same date.

Key Points

  • Company: AAVAS FINANCIERS LIMITED
  • ISIN: INE216P07233
  • Scrip Code: 974985
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 50,000 per debenture
  • Trading in debentures will be with reduced face value from the effective date
  • Settlement Number: DR-791/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from January 5, 2026
  • All trading members of the exchange are required to be informed of this corporate action
  • Settlement will be processed under settlement number DR-791/2025-2026

Important Dates

  • Notice Date: January 1, 2026
  • Record Date: January 5, 2026
  • Effective Date of Reduced Face Value: January 5, 2026
  • Settlement Number: DR-791/2025-2026

Impact Assessment

This part redemption affects holders of AAVAS FINANCIERS LIMITED’s non-convertible debentures (INE216P07233). The reduction in face value to Rs. 50,000 per debenture indicates a partial return of principal to debenture holders along with interest payment. Trading members and investors holding these specific debentures need to be aware of the reduced face value for trading purposes from January 5, 2026 onwards. This is a routine debt market corporate action with limited broader market impact.

Impact Justification

Part redemption of debentures affects debt security holders of AAVAS FINANCIERS LIMITED. Impact limited to specific debenture holders (INE216P07233). Standard corporate action with clear timeline.