Description

BSE notifies trading members of the part redemption of non-convertible debentures of Akara Capital Advisors Private Limited with a record date of March 2, 2026, resulting in a reduced face value of Rs. 7,692.31 per debenture.

Summary

BSE has informed trading members that Akara Capital Advisors Private Limited has fixed a record date of March 2, 2026, for the purpose of part redemption of its non-convertible debentures (NCDs) and payment of interest. Post-redemption, trading in these debentures will occur at a reduced face value effective from the same date.

Key Points

  • Company: Akara Capital Advisors Private Limited
  • Debenture Series: ACAPL-12.50%-17-01-27-PVT
  • ISIN: INE08XP07449 (BSE Code: 977383)
  • Record Date: March 2, 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 7,692.31 per debenture
  • Effective Date for Reduced Face Value: March 2, 2026
  • Settlement Number: DR-831/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt segment procedures for part redemption of privately placed NCDs.

Compliance Requirements

  • Trading members must note that trading in the debentures of Akara Capital Advisors Private Limited (ISIN: INE08XP07449) will be conducted at the reduced face value of Rs. 7,692.31 per debenture with effect from March 2, 2026.
  • Members should update their systems to reflect the revised face value from the effective date.

Important Dates

  • Notice Date: February 20, 2026
  • Record Date: March 2, 2026
  • Effective Date for Reduced Face Value: March 2, 2026
  • Settlement Number: DR-831/2025-2026

Impact Assessment

This part redemption reduces the face value of the ACAPL 12.50% debentures maturing on January 17, 2027, to Rs. 7,692.31 per unit. The impact is limited to holders of this specific privately placed NCD series. Trading members dealing in this instrument must reflect the reduced face value in trades executed from March 2, 2026, onwards. The concurrent interest payment provides partial return to debenture holders alongside the capital redemption.

Impact Justification

Routine part redemption of privately placed NCDs affecting a specific debenture series; impacts existing debenture holders with a reduced face value, but limited to a single issuer and instrument.