Description
Trading in debentures of AYE FINANCE LIMITED (ISIN: INE501X08081) suspended from January 16, 2026 due to scheduled redemption and interest payment with record date of January 17, 2026.
Summary
BSE has issued a notice suspending trading in specific debentures of AYE FINANCE LIMITED (Code: AFL-11.60%-24-1-26-PVT, ISIN: INE501X08081, Scrip Code: 975348) effective January 16, 2026. The suspension is due to the company fixing a record date of January 17, 2026 for the purpose of debenture redemption and interest payment. Trading members are advised not to deal in these debentures from the suspension date onwards.
Key Points
- Trading suspension applies to debentures with ISIN INE501X08081 (Scrip Code: 975348)
- Debenture series: AFL-11.60%-24-1-26-PVT (11.60% coupon rate)
- No dealings permitted from January 16, 2026
- Record date set for January 17, 2026
- Purpose: Final redemption of debentures and payment of interest
- Notice issued under DR-800/2025-2026
Regulatory Changes
No regulatory changes announced. This is a standard corporate action notice for debenture maturity and redemption.
Compliance Requirements
- Trading members must cease all dealing in the specified debentures from January 16, 2026
- Trading members should inform their clients holding these debentures about the suspension
- Members must ensure no transactions are executed in these securities during the suspension period
- Debenture holders as of the record date (January 17, 2026) will be eligible for interest payment and redemption proceeds
Important Dates
- January 9, 2026: Notice issued by BSE
- January 16, 2026: Trading suspension becomes effective (no dealings from this date)
- January 17, 2026: Record date for redemption and interest payment eligibility
Impact Assessment
Market Impact: Low to medium impact limited to holders of this specific debenture series. The suspension is a routine corporate action associated with debt maturity.
Investor Impact: Debenture holders will receive their principal redemption amount plus final interest payment. Those holding the debentures on record date will receive proceeds as per the terms of issuance.
Trading Impact: Trading members must ensure systems are updated to prevent inadvertent trading in these suspended securities. The suspension is temporary and related to the settlement process for redemption.
Issuer Impact: This represents the scheduled maturity and redemption of AYE FINANCE LIMITED’s debt obligations, reducing the company’s outstanding debt portfolio.
Impact Justification
Routine trading suspension for debenture redemption affecting only holders of specific AYE FINANCE LIMITED debt securities. Limited market-wide impact but important for affected debenture holders.