Description
BSE informs trading members that Akara Capital Advisors Private Limited has fixed a record date of 06 March 2026 for part redemption and interest payment on its non-convertible debentures, with reduced face value effective from the same date.
Summary
BSE has notified trading members that Akara Capital Advisors Private Limited has fixed 06 March 2026 as the Record Date for the purpose of Payment of Interest and Part Redemption of its Non-Convertible Debentures (NCDs). Trading in the debentures will be conducted with a Reduced Face Value effective from the same date.
Key Points
- Company: Akara Capital Advisors Private Limited
- Instrument: ACAPL-13.30%-21-02-27-PVT | ISIN: INE08XP07332 (Scrip Code: 977052)
- Record Date: 06 March 2026
- Purpose: Part Redemption of Debentures and Payment of Interest
- Reduced Face Value: Rs. 41,666.83 per Debenture
- Effective Date of Reduced Face Value: 06 March 2026
- Settlement Number: DR-834/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under BSE’s debt market segment procedures for part redemption events.
Compliance Requirements
- Trading members must note that from 06 March 2026, trading in the debentures of Akara Capital Advisors Private Limited will be conducted with the reduced face value of Rs. 41,666.83 per debenture.
- Members should update their systems and client records to reflect the revised face value effective from the settlement date DR-834/2025-2026.
Important Dates
| Event | Date |
|---|---|
| Circular Date | 23 February 2026 |
| Record Date | 06 March 2026 |
| Effective Date (Reduced Face Value) | 06 March 2026 |
| Settlement Number | DR-834/2025-2026 |
Impact Assessment
This notice has low market impact as it pertains to a single privately placed NCD instrument in the debt segment. The part redemption reduces the face value of each debenture by a specified amount (Rs. 41,666.83), directly affecting only holders of ISIN INE08XP07332. Trading members dealing in this instrument must ensure trades post-record date reflect the new reduced face value to avoid settlement discrepancies.
Impact Justification
Routine part redemption notice for a privately placed NCD of a single company; affects only holders of this specific debenture instrument with a defined reduced face value and known effective date.