Description
Trading suspended in AYE FINANCE LIMITED's 11.60% Non-Convertible Debentures from January 16, 2026 due to redemption and interest payment with record date January 17, 2026.
Summary
BSE has suspended trading in Non-Convertible Debentures (NCDs) of AYE FINANCE LIMITED (ISIN: INE501X08081, Code: 975348) effective January 16, 2026. The suspension is due to the company fixing January 17, 2026 as the record date for redemption of debentures and payment of interest on the AFL-11.60%-24-1-26-PVT series.
Key Points
- Trading suspension applies to AYE FINANCE LIMITED’s 11.60% debentures (ISIN: INE501X08081)
- Scrip code: 975348
- No dealings permitted from January 16, 2026
- Record date set for January 17, 2026
- Purpose: Redemption of debentures and interest payment
- Circular reference: DR-800/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard operational suspension for corporate action processing.
Compliance Requirements
- Trading members must not execute any trades in the specified debentures from January 16, 2026
- Members must ensure compliance with the no-dealings instruction
- All trading members required to take note of this suspension
Important Dates
- January 9, 2026: Circular issued
- January 16, 2026: Trading suspension begins (no dealings from this date)
- January 17, 2026: Record date for redemption and interest payment
Impact Assessment
Market Impact: Limited to holders of AYE FINANCE LIMITED’s specific debenture series. The suspension is temporary and procedural, affecting only debt segment operations for this issuer.
Investor Impact: Debenture holders of record on January 17, 2026 will receive redemption proceeds and interest payment. No trading liquidity available from January 16, 2026 onwards.
Operational Impact: Trading members must update their systems to prevent inadvertent trading in the suspended security. Standard corporate action processing procedure with minimal operational disruption.
Impact Justification
Routine suspension for debenture redemption affecting specific debt security holders. Limited to single issuer's debt instruments.