Description

AKARA CAPITAL ADVISORS PRIVATE LIMITED announces part redemption of debentures with reduced face value of Rs. 58,333.43 per debenture effective January 6, 2026.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its 13.30% Non-Convertible Debentures maturing on February 21, 2027 (ISIN: INE08XP07332, Scrip Code: 977052). The debentures will trade with a reduced face value of Rs. 58,333.43 per debenture effective January 6, 2026, following the part redemption and interest payment.

Key Points

  • Record date set for January 6, 2026 for part redemption and interest payment
  • Reduced face value: Rs. 58,333.43 per debenture
  • Effective date of reduced face value trading: January 6, 2026
  • Settlement number: DR-792/2025-2026
  • ISIN: INE08XP07332
  • Scrip Code: 977052
  • Debenture series: ACAPL-13.30%-21-02-27-PVT

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving part redemption of debentures as per the terms of issuance.

Compliance Requirements

  • Trading members must note the reduced face value effective from January 6, 2026
  • All trades from the effective date onwards must reflect the new reduced face value of Rs. 58,333.43 per debenture
  • Trading members should update their systems to reflect the face value adjustment

Important Dates

  • Notice Date: January 1, 2026
  • Record Date: January 6, 2026 (for part redemption and interest payment)
  • Effective Date: January 6, 2026 (trading with reduced face value begins)
  • Settlement: DR-792/2025-2026

Impact Assessment

Market Impact: Medium - Affects only holders of this specific debenture series. The part redemption will return capital to debenture holders while reducing the outstanding principal amount.

Operational Impact: Trading members need to update their systems to reflect the reduced face value from January 6, 2026. The debentures will continue to trade but at the adjusted face value of Rs. 58,333.43 per unit.

Investor Impact: Debenture holders as of the record date will receive partial redemption proceeds and accrued interest. Subsequent holdings will reflect the reduced face value, affecting yield calculations and pricing.

Impact Justification

Part redemption affects debenture holders with face value reduction; limited to specific debt instrument holders