Description
BSE announces part redemption of non-convertible debentures with reduced face value effective September 10, 2025.
Summary
KINARA CAPITAL PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. Trading in the debentures will commence with reduced face value of Rs. 500,000 per debenture effective September 10, 2025.
Key Points
- Company: KINARA CAPITAL PRIVATE LIMITED
- ISIN: INE200W07415 (Code: 973862)
- Security: KCPL-13.74%-25-3-26-PVT
- Record date: September 10, 2025
- Reduced face value: Rs. 500,000 per debenture
- Settlement number: DR-712/2025-2026
Regulatory Changes
No regulatory changes announced. This is a routine corporate action for debt securities.
Compliance Requirements
- Trading members must note the reduced face value effective from September 10, 2025
- All trading in the debentures will be conducted at the new reduced face value
- Proper settlement procedures must be followed as per BSE guidelines
Important Dates
- Record Date: September 10, 2025 - For determining eligibility for part redemption and interest payment
- Effective Date: September 10, 2025 - Trading with reduced face value begins
- Settlement: DR-712/2025-2026
Impact Assessment
Medium impact limited to holders of KINARA CAPITAL debentures. The part redemption provides liquidity to investors while reducing the outstanding debt amount. Trading will continue normally with the adjusted face value, ensuring market continuity for remaining debenture holders.
Impact Justification
Routine corporate action affecting specific debenture holders with clear settlement procedures