Description
Akara Capital Advisors Private Limited announces part redemption of debentures with record date February 2, 2026, reducing face value to Rs. 8,461.54 per debenture.
Summary
Akara Capital Advisors Private Limited has announced part redemption of its non-convertible debentures (ISIN: INE08XP07449, Scrip Code: 977383) with a record date of February 2, 2026. The redemption will reduce the face value to Rs. 8,461.54 per debenture, effective from the same date. Trading in these debentures will commence with the reduced face value from February 2, 2026, under settlement number DR-811/2025-2026.
Key Points
- Company: AKARA CAPITAL ADVISORS PRIVATE LIMITED
- Debenture Series: ACAPL-12.50%-17-01-27-PVT
- ISIN: INE08XP07449
- Scrip Code: 977383
- Record Date: February 2, 2026
- Purpose: Part redemption of debentures and payment of interest
- Reduced Face Value: Rs. 8,461.54 per debenture
- Effective Date: February 2, 2026
- Settlement Number: DR-811/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a corporate action in accordance with existing debenture terms.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with reduced face value effective from February 2, 2026
- All transactions post-record date must reflect the new face value of Rs. 8,461.54 per debenture
Important Dates
- Record Date: February 2, 2026 - Eligibility date for interest payment and part redemption
- Effective Date: February 2, 2026 - Trading commences with reduced face value
- Settlement: DR-811/2025-2026
Impact Assessment
This is a routine corporate action with limited market impact. It affects only holders of the specific debenture series (ACAPL-12.50%-17-01-27-PVT). The part redemption indicates the company is meeting its debt obligations as per the debenture terms. Trading members dealing in debt securities need to update their systems to reflect the reduced face value for accurate pricing and settlement post the record date.
Impact Justification
Routine corporate action affecting privately placed debentures with limited market impact, relevant only to specific debenture holders