Description

AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective from October 16, 2025.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced a part redemption of its non-convertible debentures (ISIN: INE08XP07274, Scrip Code: 976306) with a record date of October 16, 2025. The debentures will trade with a reduced face value of Rs. 70,000 per debenture effective from the same date. This corporate action also includes payment of interest to eligible debenture holders.

Key Points

  • Company: AKARA CAPITAL ADVISORS PRIVATE LIMITED
  • ISIN: INE08XP07274 (ACAPL-14%-31-12-26-PVT)
  • Scrip Code: 976306
  • Record Date: October 16, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • New Face Value: Rs. 70,000 per debenture
  • Effective Date: October 16, 2025
  • Settlement Number: DR-737/2025-2026

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard corporate action notification for debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 70,000 per debenture from October 16, 2025
  • Only debenture holders on record as of the record date (October 16, 2025) will be eligible for the part redemption and interest payment
  • Trading members should update their systems to reflect the new face value for settlement purposes

Important Dates

  • October 14, 2025: Circular issue date
  • October 16, 2025: Record date for part redemption and interest payment
  • October 16, 2025: Effective date for trading with reduced face value (Settlement DR-737/2025-2026)

Impact Assessment

This corporate action has a limited and specific impact:

Debenture Holders: Existing holders will receive partial redemption proceeds and interest payment, reducing their investment exposure in these securities. The reduced face value will affect the notional value of holdings.

Market Operations: Trading members need to adjust their systems to accommodate the new face value from October 16, 2025. The settlement process will reflect the reduced face value for all trades executed on or after the effective date.

Liquidity: The part redemption may impact liquidity in these debentures as the outstanding amount is reduced. Secondary market activity may be limited to smaller position sizes post-redemption.

Issuer: AKARA CAPITAL ADVISORS PRIVATE LIMITED is fulfilling its debt obligations through this scheduled part redemption, which is a positive indicator of financial management and commitment to debt servicing.

Impact Justification

Routine corporate action affecting specific debenture holders of AKARA CAPITAL ADVISORS. Limited market-wide impact but important for investors holding these securities.