Description

Part redemption and interest payment for two series of 12% Non-Convertible Debentures of AKARA CAPITAL ADVISORS PRIVATE LIMITED with record date January 1, 2026.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption and interest payment for two series of its 12% Non-Convertible Debentures. The record date is January 1, 2026, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Two debenture series affected: INE08XP07357 (Code 977126) and INE08XP07365 (Code 977127)
  • Record date fixed: January 1, 2026
  • Reduced face value: Rs. 90,908 per debenture for both series
  • Effective date for reduced face value trading: January 1, 2026
  • Settlement number: DR-789/2025-2026
  • Both series carry 12% interest rate

Regulatory Changes

No regulatory changes announced. This is a standard corporate action pursuant to debenture terms.

Compliance Requirements

  • Trading members must note the reduced face value effective from January 1, 2026
  • Trading in debentures will be conducted with the new reduced face value of Rs. 90,908 per debenture
  • Trading members should ensure their systems reflect the updated face value from the effective date

Important Dates

  • Record Date: January 1, 2026 - For determining debenture holders eligible for part redemption and interest payment
  • Effective Date: January 1, 2026 - Trading commences with reduced face value (Settlement DR-789/2025-2026)
  • Notice Date: December 30, 2025

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting privately placed debt securities with limited secondary market activity.

Investor Impact: Medium for affected debenture holders - Investors holding these debentures as of record date will receive part redemption proceeds and interest payment. The face value reduction from original value to Rs. 90,908 per debenture represents partial capital return.

Operational Impact: Low - Standard corporate action processing with clear effective date and settlement number. Trading members need to update systems to reflect reduced face value for both debenture series.

Impact Justification

Routine corporate action affecting privately placed debentures with limited market impact; primarily relevant to specific debenture holders.