Description
BSE notifies trading members of part redemption and interest payment on two NCD series of Akara Capital Advisors Private Limited, with reduced face values effective March 16, 2026.
Summary
BSE has informed trading members that Akara Capital Advisors Private Limited has fixed a Record Date of March 16, 2026 for the purpose of part redemption and interest payment on two series of Non-Convertible Debentures (NCDs). Trading in these debentures will occur with a reduced face value effective the same date under settlement DR-840/2025-2026.
Key Points
- Two NCD series of Akara Capital Advisors Private Limited are subject to part redemption and interest payment.
- Record Date for both series: March 16, 2026.
- Series 1 (ACAPL-14%-31-12-26-PVT, ISIN INE08XP07274, Code 976306): Reduced face value of Rs. 45,000 per debenture.
- Series 2 (ACAPL-14.75%-10-4-27-PVT, ISIN INE08XP07340, Code 977096): Reduced face value of Rs. 66,666.67 per debenture.
- Both series trade on the Debt Market Segment of BSE.
- Applicable settlement number: DR-840/2025-2026.
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notice under existing BSE debt market operational guidelines.
Compliance Requirements
- Trading members must note the reduced face values for both NCD series effective March 16, 2026.
- All trades in the mentioned debenture codes must reflect the updated (reduced) face values from the effective date.
Important Dates
| Event | Date |
|---|---|
| Notice Date | March 12, 2026 |
| Record Date | March 16, 2026 |
| Effective Date (Reduced Face Value) | March 16, 2026 |
| Settlement | DR-840/2025-2026 |
Impact Assessment
Impact is limited to holders of these two specific privately placed NCD series of Akara Capital Advisors Private Limited. The part redemption reduces the outstanding face value of each debenture, and trading from March 16, 2026 will reflect the new reduced face values. No broader market or systemic impact is anticipated.
Impact Justification
Routine part redemption of privately placed NCDs affecting only holders of two specific debenture series of a private limited company; no broad market impact.