Description

KINARA CAPITAL PRIVATE LIMITED has announced part redemption of two series of debentures with reduced face values effective December 10, 2025.

Summary

KINARA CAPITAL PRIVATE LIMITED has informed BSE about the part redemption of two series of debentures, resulting in reduced face values. The debentures will trade with the new reduced face values from December 10, 2025. This affects two ISIN series with significantly reduced face values per debenture.

Key Points

  • Two debenture series of KINARA CAPITAL PRIVATE LIMITED are subject to part redemption
  • ISIN INE200W07415 (Scrip Code 973862): Face value reduced to Rs. 616,203.38 per debenture (maturity 25-3-26)
  • ISIN INE200W07407 (Scrip Code 975668): Face value reduced to Rs. 82,160.45 per debenture (maturity 25-5-27)
  • Effective date for trading with reduced face value: December 10, 2025
  • Notice reference: DR-774/2025-2026

Regulatory Changes

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

Compliance Requirements

  • Trading Members must note the reduced face values for the specified debentures
  • Debentures must be traded with the revised face values from December 10, 2025 onwards
  • Trading Members need to update their systems to reflect the new face values

Important Dates

  • Notice Date: December 09, 2025
  • Effective Date for Trading with Reduced Face Value: December 10, 2025
  • Maturity Date (INE200W07415): March 25, 2026
  • Maturity Date (INE200W07407): May 25, 2027

Impact Assessment

Market Impact: Limited to holders of the specific KINARA CAPITAL PRIVATE LIMITED debentures. The part redemption returns capital to debenture holders while reducing the outstanding principal amount.

Investor Impact: Debenture holders will receive partial redemption proceeds, and the remaining investment will have a reduced face value. Future interest payments and final redemption will be calculated based on the new reduced face values.

Operational Impact: Trading Members must update their systems to reflect the correct face values to ensure accurate pricing and settlement of these debentures.

Impact Justification

Part redemption affects specific debenture holders with reduced face values; limited broader market impact but significant for affected investors