Description
BSE notifies trading members about part redemption of KINARA CAPITAL debentures with reduced face value effective December 18, 2025.
Summary
BSE has informed trading members that KINARA CAPITAL PRIVATE LIMITED has completed part redemption of its debentures (ISIN: INE200W07381, Scrip Code: 975472). The face value of the 13% debentures maturing on December 6, 2027, has been reduced to Rs. 95,709.30 per debenture effective December 18, 2025.
Key Points
- Company: KINARA CAPITAL PRIVATE LIMITED
- Debenture: KCPL-13%-6-12-27-PVT
- ISIN: INE200W07381
- Scrip Code: 975472
- New Reduced Face Value: Rs. 95,709.30 per Debenture
- Purpose: Part Redemption of Debentures
- Reference: DR-780/2025-2026
Regulatory Changes
No regulatory framework changes. This is a corporate action notification regarding part redemption of debentures.
Compliance Requirements
- Trading members must update their systems to reflect the new reduced face value of Rs. 95,709.30 per debenture
- All trading in these debentures must be conducted at the revised face value from the effective date
- Trading members are required to take note of this change and ensure compliance
Important Dates
- Notice Date: December 17, 2025
- Effective Date: December 18, 2025 - Debentures will trade with reduced face value from this date
Impact Assessment
This part redemption results in a reduced face value for the debentures, indicating that KINARA CAPITAL has paid back a portion of the principal amount to debenture holders. Trading members dealing in these debt instruments must update their trading systems to reflect the new face value. The impact is limited to holders and traders of this specific debenture series. The substantial face value suggests these are privately placed debentures with likely limited liquidity in the secondary market.
Impact Justification
Affects specific debenture holders of KINARA CAPITAL with significant face value reduction from part redemption, requiring trading members to update systems