Description
AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record date for payment of interest and part redemption of NCDs with reduced face value effective December 15, 2025.
Summary
AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its Non-Convertible Debentures (NCDs) with ISIN INE08XP07381. The record date has been fixed as December 15, 2025, for payment of interest and part redemption. Trading in these debentures will commence with reduced face value from the effective date.
Key Points
- Debenture: ACAPL-14.35%-28-10-26-PVT (Scrip Code: 977176)
- ISIN: INE08XP07381
- Record Date: December 15, 2025
- Reduced Face Value: Rs. 7,692.31 per debenture
- Effective Date: December 15, 2025
- Settlement Number: DR-777/2025-2026
- Purpose: Part redemption of debentures and payment of interest
Regulatory Changes
No regulatory changes. This is a standard corporate action notice.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 7,692.31 per debenture from December 15, 2025
- Members should update their systems to reflect the new face value for settlement DR-777/2025-2026
Important Dates
- Record Date: December 15, 2025 - Eligibility date for interest payment and part redemption
- Effective Date: December 15, 2025 - Trading commences with reduced face value (Settlement DR-777/2025-2026)
Impact Assessment
This circular has minimal market-wide impact as it pertains to a specific privately placed NCD issue. The part redemption will reduce the outstanding principal amount, and debenture holders on record will receive their proportionate redemption amount along with interest. Trading members dealing in this specific security need to ensure their systems reflect the reduced face value from the effective date to ensure accurate settlement.
Impact Justification
Routine corporate action affecting specific NCD holders of a private company with limited market-wide impact