Description

AYE FINANCE LIMITED has set record date of February 13, 2026 for part redemption of non-convertible debentures and interest payment, with reduced face value effective from the same date.

Summary

AYE FINANCE LIMITED has announced a part redemption of its non-convertible debentures along with interest payment. The record date has been set as February 13, 2026, and trading in the debentures will commence with a reduced face value of Rs. 25,000 per debenture effective from the same date under settlement number DR-820/2025-2026.

Key Points

  • Company: AYE FINANCE LIMITED
  • Debenture ISIN: INE501X07620 (Code: 975961)
  • Coupon Rate: 10.50%
  • Maturity: August 28, 2026
  • Record Date: February 13, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 25,000 per debenture
  • Effective Date: February 13, 2026
  • Settlement Number: DR-820/2025-2026
  • Notice Number: 20260209-4

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 February 13, 2026
  • Members should ensure their systems are updated to reflect the new face value of Rs. 25,000 per debenture
  • Debenture holders on record as of February 13, 2026 will be eligible for the part redemption proceeds and interest payment

Important Dates

  • Notice Date: February 9, 2026
  • Record Date: February 13, 2026
  • Effective Date for Reduced Face Value: February 13, 2026
  • Settlement: DR-820/2025-2026
  • Original Maturity: August 28, 2026

Impact Assessment

Market Impact: Medium - This part redemption affects holders of AYE FINANCE LIMITED’s 10.50% non-convertible debentures due August 2026. The reduction in face value to Rs. 25,000 per debenture indicates a partial return of principal to investors ahead of the full maturity date.

Operational Impact: Trading members and debenture holders need to be aware of the face value adjustment effective February 13, 2026. This will affect position valuations and trading calculations for these securities.

Investor Impact: Debenture holders will receive partial redemption proceeds along with accrued interest, improving liquidity for investors while maintaining exposure to the remaining principal until final maturity in August 2026.

Impact Justification

Standard corporate action affecting debenture holders with part redemption and face value reduction; impacts debt market participants holding these specific NCDs