Certificate of Payment of Interest and Part Redemption of Non-Convertible Debentures Pursuant to Regulation 57 of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Aavas Financiers has made a timely quarterly interest payment and a partial redemption on its Non-Convertible Debentures (ISIN: INE216P07233). The gross interest paid was Rs. 2,13,78,288 (net Rs. 1,92,40,459 after TDS), paid on April 19, 2025 — one day ahead of the April 20 due date. Additionally, Rs. 7,50,00,000 (Rs. 7.5 crore) was redeemed as part of a scheduled partial redemption, bringing the outstanding amount down to Rs. 97,50,00,000 (Rs. 97.5 crore) from the original Rs. 150 crore issue.
This is a routine, on-schedule compliance filing confirming that Aavas Financiers met its debt obligations in full and slightly early. It signals healthy debt servicing and orderly reduction of outstanding NCDs, with no negative implications for shareholders.