Description

BSE announces listing of new debt securities issued by Akara Capital Advisors Private Limited on private placement basis.

Summary

BSE has listed new debt securities of Akara Capital Advisors Private Limited issued on private placement basis, effective August 12, 2025. The securities carry 12.5% interest rate and mature on December 27, 2028.

Key Points

  • Quantity: 2,850 securities with market lot of 1
  • Scrip Code: 976868, Scrip ID: 125ACAP28
  • ISIN: INE08XP07324
  • Face Value: Rs. 1,00,000 per security
  • Issue Price: Rs. 95,410.96
  • Credit Rating: ICRA BBB (Stable)
  • Interest Rate: 12.5% per annum (monthly payments)
  • Maturity Date: December 27, 2028
  • No put/call options available

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Tick size is 1 paise
  • Trading members must refer to Placement Memorandum for detailed information
  • Contact debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: August 8, 2025
  • Listing Date: August 12, 2025
  • Maturity Date: December 27, 2028
  • Interest Payment: Monthly

Impact Assessment

Minimal market impact as this is a routine private placement debt listing. The securities are targeted at institutional investors and will have limited retail participation due to high face value of Rs. 1 lakh per unit.

Impact Justification

Routine debt security listing with limited market impact