Description
BSE announces listing of new debt securities by Akara Capital Advisors Private Limited with 13.30% interest rate maturing in February 2027.
Summary
BSE has listed new debt securities of Akara Capital Advisors Private Limited on its debt segment effective August 25, 2025. The securities were issued on private placement basis with a face value of Rs. 1,00,000 each, carrying 13.30% annual interest rate and maturing on February 21, 2027.
Key Points
- Quantity: 2,500 securities listed
- Face Value: Rs. 1,00,000 per security
- Interest Rate: 13.30% per annum (monthly payment)
- Credit Rating: ICRA BBB (Stable)
- ISIN: INE08XP07332
- Scrip Code: 977052
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under the specified ISIN number
- Trading members can refer to Placement Memorandum for detailed information
- Contact debt department for clarifications on specified phone numbers
Important Dates
- Listing Date: August 25, 2025
- Allotment Date: August 21, 2025
- Maturity Date: February 21, 2027
- Interest Payment: Monthly
Impact Assessment
Minimal market impact as this is a routine debt security listing affecting only the debt segment. The securities are privately placed with limited quantity (2,500 units) and will primarily interest institutional investors and debt market participants.
Impact Justification
Routine debt security listing with limited market impact, affects only specific debt segment