Aavas Financiers has successfully made timely interest payments and a partial redemption of its Non-Convertible Debentures (NCDs) worth Rs. 10,00,000/- each. The interest payment date was September 25, 2025. The company redeemed part of these debentures, leaving an outstanding amount of Rs. 30,00,00,000.00/-. The last interest payment before this was made on June 25, 2025.
Debenture Interest and Redemption
Aavas Financiers has announced the successful and timely payment of interest and partial redemption of its Listed, Senior, Secured, Redeemable, Non-Convertible Debentures (“NCDs”). The debentures are valued at Rs. 10,00,000/- each.
Key Details of Interest Payment
The ISIN for the debentures is INE216P07225. The interest amount paid on the due date of September 25, 2025, was *Rs. 72,78,082 /-. Interest payments are made on a quarterly basis.
The gross interest amount includes Tax Deducted at Source (“TDS”). TDS amounted to Rs. 7,27,808 /-, with a net amount of Rs 65,50,274 /- paid as interest.
Redemption Details
The type of redemption was partial. The actual date for redemption was September 25, 2025. The amount redeemed was Rs. 5,00,00,000.00/-, leaving an outstanding amount of Rs. 30,00,00,000.00/-.
Source: BSE
