Description
Part redemption of non-convertible debentures with reduced face value effective October 13, 2025 and interest payment.
Summary
AKARA CAPITAL ADVISORS PRIVATE LIMITED will conduct part redemption of its non-convertible debentures (ISIN: INE08XP07290, Code: 976585) with a record date of October 13, 2025. The debentures will trade with reduced face value of Rs. 41,666.69 per debenture effective from the same date.
Key Points
- Security: AKARA CAPITAL ADVISORS PRIVATE LIMITED 14.50% NCD maturing March 29, 2026
- ISIN: INE08XP07290 (Code: 976585)
- Record date: October 13, 2025
- Reduced face value: Rs. 41,666.69 per debenture
- Effective date for trading with reduced face value: October 13, 2025
- Settlement number: DR-734/2025-2026
- Segment: Debt
Regulatory Changes
No regulatory changes. This is a standard corporate action for part redemption of debentures.
Compliance Requirements
- Trading members must note that trading in the debentures will be with reduced face value effective October 13, 2025
- Debenture holders on record as of October 13, 2025 will receive interest payment and part redemption proceeds
Important Dates
- Record Date: October 13, 2025
- Effective Date for Reduced Face Value Trading: October 13, 2025
- Settlement Number: DR-734/2025-2026
Impact Assessment
This is a routine corporate action with limited market impact. Only holders of this specific private company debenture issue are affected. The part redemption reduces the outstanding principal amount, with the face value being adjusted to Rs. 41,666.69 per debenture. Trading members need to ensure their systems reflect the reduced face value from the effective date.
Impact Justification
Routine part redemption of private company debentures affecting only specific debenture holders with limited market impact