AAVAS Financiers redeems NCDs, pays interest

AAVAS Financiers Limited announced the timely payment of interest and partial redemption of its 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures (NCDs), each valued at INR 100,000. The total interest amount paid on September 26, 2025, was INR 37,304,110. After deducting INR 3,730,411 in TDS, the net interest paid amounted to INR 33,573,699.

The company redeemed a partial amount of INR 10,000,000,000.00 from the NCDs on the due date of September 26, 2025. This redemption was based on face value.

Following this partial redemption, the outstanding amount of the NCDs is INR 190,000,000,000.00. This action aligns with Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as confirmed by company secretary and compliance officer Saurabh Sharma.