Description

Revision in reduced face value of Kinara Capital debentures (Scrip Code: 973862) following part redemption, effective December 02, 2025.

Summary

BSE has issued a revised notice regarding the part redemption of debentures of Kinara Capital Private Limited (Scrip Code: 973862, ISIN: INE200W07415). This notice revises the earlier communication dated September 08, 2025, updating the actual reduced face value of the debentures to Rs. 654,893/- per debenture. The revised face value will be effective for trading from December 02, 2025.

Key Points

  • Company: Kinara Capital Private Limited
  • Scrip Code: 973862
  • ISIN: INE200W07415 (KCPL-13.74%-25-3-26-PVT)
  • Purpose: Part Redemption of Debentures
  • Revised Reduced Face Value: Rs. 654,893/- per debenture
  • Notice Number: 20251201-9 (DR-768/2025-2026)
  • Previous Notice Reference: 20250908-44 dated September 08, 2025

Regulatory Changes

No regulatory changes. This is a corporate action notification updating previously communicated information.

Compliance Requirements

  • Trading Members must note the revised reduced face value
  • Trading Members must ensure debentures are traded with the revised face value from the effective date
  • All trading systems and records should be updated to reflect the new face value

Important Dates

  • Notice Date: December 01, 2025
  • Effective Date for Trading: December 02, 2025
  • Previous Notice Date: September 08, 2025

Impact Assessment

Market Impact: Medium - This revision affects debt security holders and trading members dealing with Kinara Capital debentures. The significant reduction in face value (to Rs. 654,893/- per debenture) following part redemption will impact the trading price and valuation of these securities.

Operational Impact: Trading members must update their systems to reflect the revised face value from December 02, 2025. Investors holding these debentures should note the change in face value for accurate position valuation and future transactions.

Impact Justification

Revised face value information for debt security holders; impacts trading from December 02, 2025