Description

AKARA CAPITAL ADVISORS PRIVATE LIMITED has fixed record dates for payment of interest and part redemption of non-convertible debentures with reduced face values effective January 2, 2026.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The company has fixed record dates for two series of debentures, with trading to commence at reduced face values from January 2, 2026.

Key Points

  • Two series of NCDs undergoing part redemption and interest payment
  • ACAPL-12.5%-19-2-26-PVT (INE08XP07241) record date: January 4, 2026
  • ACAPL-12.50%-17-01-27-PVT (INE08XP07449) record date: January 2, 2026
  • Trading with reduced face value effective from January 2, 2026 (Settlement DR-790/2025-2026)
  • First series face value reduced to Rs. 2,500 per debenture
  • Second series face value reduced to Rs. 9,230.77 per debenture

Regulatory Changes

No regulatory changes introduced. This is a corporate action notification pursuant to existing debt market regulations.

Compliance Requirements

  • Trading members must note the reduced face values for the specified debentures
  • Trading in the debentures will be conducted at reduced face values from the effective date
  • Settlement to be processed under DR-790/2025-2026

Important Dates

  • January 2, 2026: Effective date for reduced face value trading (both series)
  • January 2, 2026: Record date for ACAPL-12.50%-17-01-27-PVT (INE08XP07449)
  • January 4, 2026: Record date for ACAPL-12.5%-19-2-26-PVT (INE08XP07241)
  • Settlement Number: DR-790/2025-2026

Impact Assessment

This circular impacts holders of AKARA CAPITAL ADVISORS PRIVATE LIMITED debentures. The part redemption reduces the outstanding principal amount, with face values being adjusted accordingly. Debenture holders on the respective record dates will receive interest payments and partial redemption proceeds. The reduced face values will affect the trading denomination and future coupon calculations on a per-debenture basis. Trading members need to update their systems to reflect the new face values from January 2, 2026.

Impact Justification

Impacts debenture holders of AKARA CAPITAL ADVISORS with specific redemption and face value reduction schedules. Material event for debt security holders but limited to specific private placement instruments.