Description
BSE notifies trading members of part redemption and interest payment for Akara Capital Advisors Private Limited's Non-Convertible Debentures, with record date of 13 March 2026 and reduced face value effective the same date.
Summary
BSE has informed trading members that Akara Capital Advisors Private Limited has fixed a record date for the payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Trading in these debentures will commence with a reduced face value effective 13 March 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 of Reduced Face Value: 13 March 2026
- Settlement Reference: DR-839/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification under BSE’s debt segment listing compliance procedures.
Compliance Requirements
- Trading members must note that debentures of Akara Capital Advisors Private Limited (ISIN INE08XP07381) will trade with a reduced face value of Rs. 5,384.62 per debenture effective 13 March 2026.
- Members should update their systems to reflect the revised face value from the effective date.
Important Dates
- Notice Date: 11 March 2026
- Record Date: 13 March 2026
- Effective Date for Reduced Face Value: 13 March 2026
- Settlement Number: DR-839/2025-2026
Impact Assessment
Impact is limited to holders of the ACAPL-14.35%-28-10-26-PVT debentures. The part redemption reduces the outstanding face value per debenture to Rs. 5,384.62. Trading members dealing in this instrument must reflect the updated face value in their systems from 13 March 2026. No broader market or systemic impact is anticipated.
Impact Justification
Routine part redemption of privately placed NCDs for a single private limited company; limited market-wide impact, affects only holders of ACAPL-14.35%-28-10-26-PVT debentures.