Description

Notification regarding part redemption of non-convertible debentures and interest payment with reduced face value effective from January 13, 2026.

Summary

AKARA CAPITAL ADVISORS PRIVATE LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date is set for January 13, 2026, and trading in these debentures will commence with a reduced face value from the same date.

Key Points

  • Company: AKARA CAPITAL ADVISORS PRIVATE LIMITED
  • ISIN: INE08XP07290
  • Scrip Code: 976585
  • Coupon Rate: 14.50%
  • Maturity Date: March 29, 2026
  • Record Date: January 13, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • New reduced face value: Rs. 16,666.67 per debenture
  • Effective date for reduced face value: January 13, 2026
  • Settlement Number: DR-797/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a routine corporate action notification.

Compliance Requirements

  • Trading members must note that trading in the company’s debentures will be conducted at the reduced face value of Rs. 16,666.67 per debenture effective from January 13, 2026
  • Trading members should update their systems to reflect the reduced face value for settlement purposes

Important Dates

  • January 7, 2026: Circular notice date
  • January 13, 2026: Record date for interest payment and part redemption
  • January 13, 2026: Effective date for trading with reduced face value (Settlement No. DR-797/2025-2026)
  • March 29, 2026: Debenture maturity date

Impact Assessment

This circular has minimal market-wide impact as it pertains to a specific debt instrument of a private limited company. The part redemption is a routine corporate action affecting only holders of these particular debentures (ISIN: INE08XP07290). Trading members dealing with these securities need to adjust their systems to reflect the reduced face value. The notification ensures transparency and proper settlement of the securities in the debt market segment.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company with limited market-wide impact