Description

Akara Capital Advisors Private Limited has fixed a record date of 13 March 2026 for part redemption of non-convertible debentures and payment of interest, with reduced face value effective from the same date.

Summary

Akara Capital Advisors Private Limited has announced a record date of 13 March 2026 for the part redemption of its Non-Convertible Debentures (NCDs) along with payment of interest. Trading in these debentures will commence with a reduced face value effective from 13 March 2026 under settlement DR-839/2025-2026.

Key Points

  • Company: Akara Capital Advisors Private Limited
  • Debenture Series: ACAPL-14.35%-28-10-26-PVT (ISIN: INE08XP07381, Code: 977176)
  • Record Date: 13 March 2026
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 5,384.62 per debenture
  • Effective Date for Reduced Face Value: 13 March 2026
  • Settlement Number: DR-839/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action notification under existing BSE listing compliance requirements for debt instruments.

Compliance Requirements

  • Trading members are required to note the reduced face value effective from 13 March 2026.
  • All trades in the debentures on and after the effective date must reflect the reduced face value of Rs. 5,384.62 per debenture.

Important Dates

  • Record Date: 13 March 2026
  • Effective Date for Reduced Face Value: 13 March 2026
  • Settlement Reference: DR-839/2025-2026
  • Circular Date: 11 March 2026

Impact Assessment

This corporate action directly affects holders of Akara Capital Advisors’ NCD series ACAPL-14.35%-28-10-26-PVT. The part redemption reduces the outstanding face value per debenture to Rs. 5,384.62, along with an interest payout on the record date. Impact is limited to holders of this specific privately placed debt instrument and trading members dealing in it on the BSE debt segment.

Impact Justification

Routine part redemption of privately placed NCDs affecting a specific debenture series; impacts holders of this instrument with reduced face value and interest payment.