Description

AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record dates for payment of interest and part redemption of non-convertible debentures with reduced face values effective from December 2025.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. Three series of debentures will trade with reduced face values effective from December 1-4, 2025, following the part redemption exercise.

Key Points

  • Three debenture series affected: ACAPL-12%-16-9-27-PVT (two ISINs) and ACAPL-12.5%-19-2-26-PVT
  • Trading members informed about record dates for interest payment and part redemption
  • Debentures will trade with reduced face values post-redemption
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note the record dates for debenture redemption and interest payment
  • Trading members must ensure debentures trade with reduced face values from specified effective dates
  • Settlement numbers to be tracked: DR-767/2025-2026 and DR-770/2025-2026

Important Dates

  • Record Date (ISIN INE08XP07357 - Code 977126): December 1, 2025
  • Effective Date (INE08XP07357): December 1, 2025, Settlement DR-767/2025-2026
  • Record Date (ISIN INE08XP07365 - Code 977127): December 1, 2025
  • Effective Date (INE08XP07365): December 1, 2025, Settlement DR-767/2025-2026
  • Record Date (ISIN INE08XP07241 - Code 975926): December 4, 2025
  • Effective Date (INE08XP07241): December 4, 2025, Settlement DR-770/2025-2026
  • Circular Date: November 21, 2025

Impact Assessment

Market Impact: Medium - affects holders of three specific debenture series of AKARA CAPITAL ADVISORS PRIVATE LIMITED.

Operational Impact: Trading systems must reflect reduced face values:

  • ACAPL-12%-16-9-27-PVT (both ISINs): Face value reduced to Rs. 95,454 per debenture (from implied higher value)
  • ACAPL-12.5%-19-2-26-PVT: Face value reduced to Rs. 5,000 per debenture

Investor Impact: Debenture holders will receive partial redemption proceeds and interest payments. Post-redemption, the securities will continue trading at reduced face values, affecting position valuations and future interest calculations.

Impact Justification

Standard part redemption of debentures affecting specific debt security holders of AKARA CAPITAL ADVISORS PRIVATE LIMITED with defined record dates and reduced face values