Description

BSE announces listing of secured redeemable non-convertible debentures of Akara Capital Advisors Private Limited worth Rs. 35 crore with 12% p.a. interest rate.

Summary

BSE has listed new debt securities of Akara Capital Advisors Private Limited on its Debt segment effective October 14, 2025. The company issued 35,000 secured redeemable non-convertible debentures on a private placement basis with a face value of Rs. 10,000 each, totaling Rs. 35 crore. The debentures carry a 12% p.a. interest rate payable monthly and mature on April 13, 2027.

Key Points

  • Quantity: 35,000 debentures
  • Face Value: Rs. 10,000 per debenture
  • Total Issue Size: Rs. 35 crore
  • Scrip Code: 977205
  • Scrip ID: 12ACAPL27A
  • ISIN: INE08XP07399
  • Credit Rating: ICRA BBB-
  • Interest Rate: 12% per annum (payable monthly)
  • Allotment Date: October 13, 2025
  • Redemption Date: April 13, 2027
  • Market Lot: 1
  • Tick Size: 1 paise
  • Put/Call Option: Not Available
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE08XP07399
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 13, 2025
  • Listing Date: October 14, 2025
  • Interest Payment: Monthly
  • Maturity/Redemption Date: April 13, 2027

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities with no impact on equity markets or broader market operations.

Investor Impact: Limited to debt market participants and institutional investors who participated in the private placement. The ICRA BBB- rating indicates moderate credit risk.

Operational Impact: Trading members dealing in debt securities can now facilitate transactions in these instruments on the BSE Debt segment. The monthly interest payment structure provides regular income for investors.

Impact Justification

Routine listing of privately placed debt securities with limited market-wide impact, relevant only to debt market participants and investors in these specific instruments.