Description

BSE notifies trading members of part redemption of non-convertible debentures of Akara Capital Advisors Private Limited with record date of 13 March 2026 and reduced face value effective the same date.

Summary

BSE has notified trading members that Akara Capital Advisors Private Limited has fixed a record date for payment of interest and part redemption of its Non-Convertible Debentures (NCDs). Trading in these debentures will continue with a reduced face value effective 13 March 2026.

Key Points

  • Company: Akara Capital Advisors Private Limited
  • Debenture Code: ACAPL-14.35%-28-10-26-PVT
  • ISIN: INE08XP07381 (Scrip 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 procedures for part redemption events.

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 from 13 March 2026 onwards.
  • Members should update their systems to reflect the new reduced face value effective from the settlement DR-839/2025-2026.

Important Dates

  • Circular 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

This circular has a limited and localised impact, affecting only holders of the specific NCD (INE08XP07381) issued by Akara Capital Advisors Private Limited. The part redemption reduces the face value to Rs. 5,384.62 per debenture from 13 March 2026. There is no broader market or systemic impact. Trading members holding or dealing in this ISIN should update their records accordingly.

Impact Justification

Routine part redemption of privately placed NCDs by a private limited company; affects only holders of a specific debenture ISIN with limited market-wide impact.