Certificate of Payment of Interest and Part Redemption of Non Convertible Debentures pursuant to Regulation 57 of SEBI (LODR) 2015
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AAVAS Financiers has confirmed timely payment of quarterly interest on its Non-Convertible Debentures (ISIN: INE216P07233) of face value Rs. 1,00,000 each, issued for a total size of Rs. 150 crore (15,000 NCDs). Gross interest of Rs. 1.91 crore was paid on July 19, 2025 — a day before the scheduled due date of July 20, 2025. After deducting TDS of Rs. 19.09 lakh, a net amount of Rs. 1.72 crore was paid to debenture holders. The company also carried out a partial redemption of Rs. 7.5 crore through face value reduction, bringing the outstanding NCD amount down to Rs. 90 crore from Rs. 97.5 crore. This is a routine regulatory compliance filing certifying that debt servicing was completed as scheduled.
This is a routine compliance filing with no negative implications. The early payment signals healthy cash flow and disciplined debt servicing. For equity shareholders, the impact is neutral — it shows the company is honoring its debt obligations smoothly but does not directly affect equity value.