Description

A.K. Capital Finance Ltd. has fixed record date for part redemption of debentures and interest payment, with reduced face value effective from December 12, 2025.

Summary

BSE has notified that A.K. Capital Finance Ltd. has scheduled a part redemption of its 8.65% Non-Convertible Debentures maturing on June 30, 2028 (ISIN: INE197P07409). The record date is December 14, 2025, for determining eligibility for interest payment and part redemption. Following the redemption, the debentures will trade at a reduced face value of Rs. 83,333 per debenture effective from December 12, 2025.

Key Points

  • Notice Number: 20251208-61
  • Company: A.K. Capital Finance Ltd.
  • Debenture: AKCFL-8.65%-30-6-28-PVT (Scrip Code: 976866)
  • ISIN: INE197P07409
  • Record Date: December 14, 2025
  • Reduced Face Value: Rs. 83,333 per debenture
  • Effective Date for Reduced Face Value: December 12, 2025
  • Settlement Number: DR-776/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading members must note that debentures will trade with reduced face value from December 12, 2025
  • Members should update their systems to reflect the new face value of Rs. 83,333 per debenture
  • Record date of December 14, 2025 determines eligibility for interest payment and part redemption

Important Dates

  • December 8, 2025: Circular issue date
  • December 12, 2025: Effective date for trading at reduced face value (Settlement: DR-776/2025-2026)
  • December 14, 2025: Record date for part redemption and interest payment

Impact Assessment

This corporate action has moderate impact limited to holders of this specific debenture series. The part redemption will return capital to debenture holders while reducing the outstanding principal amount. Trading members need to ensure their systems reflect the reduced face value to avoid settlement issues. The reduced face value will affect pricing calculations and accrued interest computations going forward. Impact is confined to debt segment participants dealing with A.K. Capital Finance Ltd. securities.

Impact Justification

Affects specific debenture holders of A.K. Capital Finance Ltd. with part redemption and face value change, impacting debt securities trading but limited to single issuer.