Description

AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record date for part redemption and interest payment on two series of non-convertible debentures with reduced face value effective January 1, 2026.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of two series of 12% non-convertible debentures. The record date is set for January 1, 2026, for determining eligibility for interest payment and part redemption. Post-redemption, the face value of both debenture series will be reduced to Rs. 90,908 per debenture, effective from January 1, 2026 (Settlement No. DR-789/2025-2026).

Key Points

  • Two debenture series affected: ACAPL-12%-16-9-27-PVT (ISINs: INE08XP07357 and INE08XP07365)
  • Record date for part redemption and interest payment: January 1, 2026
  • Reduced face value: Rs. 90,908 per debenture for both series
  • Trading will commence with reduced face value from January 1, 2026
  • Settlement number: DR-789/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification as per existing debt market regulations.

Compliance Requirements

  • Trading members must note the change in face value effective January 1, 2026
  • All trades executed on or after January 1, 2026 must reflect the reduced face value of Rs. 90,908 per debenture
  • Trading members should update their systems to reflect the new face value for both debenture series

Important Dates

  • Record Date: January 1, 2026 - Eligibility for interest payment and part redemption
  • Effective Date of Reduced Face Value: January 1, 2026
  • Settlement Number: DR-789/2025-2026
  • Notice Date: December 30, 2025

Impact Assessment

Market Impact: Minimal - affects only holders of these specific privately placed debentures of AKARA CAPITAL ADVISORS PRIVATE LIMITED.

Operational Impact: Trading members dealing in these debentures must ensure their systems reflect the reduced face value from January 1, 2026. The part redemption provides liquidity to debenture holders while reducing the outstanding principal amount.

Investor Impact: Debenture holders on record as of January 1, 2026 will receive partial redemption proceeds and accrued interest, with their holdings continuing at reduced face value.

Impact Justification

Routine corporate action affecting only specific private debenture holders of AKARA CAPITAL ADVISORS PRIVATE LIMITED with limited market-wide impact