Description
AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective from December 12, 2025.
Summary
AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE08XP07290, Scrip Code: 976585) along with interest payment. The record date has been set as December 13, 2025, and trading in these debentures will be conducted with a reduced face value of Rs. 25,000.03 per debenture effective from December 12, 2025 (Settlement No. DR-776/2025-2026).
Key Points
- ISIN: INE08XP07290 (Scrip Code: 976585)
- Coupon Rate: 14.50%
- Maturity Date: March 29, 2026
- Record Date: December 13, 2025
- Reduced Face Value: Rs. 25,000.03 per debenture
- Effective Date of Reduced Face Value: December 12, 2025
- Settlement Number: DR-776/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for part redemption of debentures.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from December 12, 2025
- Trading members should ensure their systems reflect the updated face value of Rs. 25,000.03 per debenture
- Debenture holders on record as of December 13, 2025 will be eligible for interest payment and part redemption
Important Dates
- December 8, 2025: Notice date
- December 12, 2025: Effective date for trading with reduced face value (Settlement No. DR-776/2025-2026)
- December 13, 2025: Record date for interest payment and part redemption eligibility
Impact Assessment
Market Impact: Low to medium. This affects only holders of specific debentures (ACAPL-14.50%-29-3-26-PVT). The part redemption reduces the outstanding face value, which impacts the total investment amount but provides liquidity to debenture holders.
Operational Impact: Trading members need to update their systems to reflect the reduced face value from December 12, 2025. The debentures will continue trading but at the new face value of Rs. 25,000.03 per unit.
Investor Impact: Debenture holders on record date will receive part redemption proceeds along with interest payment, providing partial liquidity ahead of the March 2026 maturity date.
Impact Justification
Routine corporate action affecting specific debenture holders of AKARA CAPITAL ADVISORS PRIVATE LIMITED with part redemption and interest payment, impacting trading from December 12, 2025