Description
BSE announces listing of new debt securities by Keertana Finserv Limited on private placement basis with 11.2% interest rate.
Summary
BSE has listed new debt securities of Keertana Finserv Limited issued on private placement basis. The securities carry 11.2% interest rate and will be traded in dematerialized form only.
Key Points
- Quantity: 3,500 securities with market lot of 1
- Scrip Code: 976776, Scrip ID: 112KFL26
- ISIN: INE0NES07188 (further listing under same ISIN)
- Face Value: Rs. 1,00,000 per security
- Issue Price: Rs. 1,01,129
- Credit Rating: IND BBB+/Stable
- Interest Rate: 11.2% per annum paid monthly
- Trading only in dematerialized form with tick size of 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under the specified ISIN number
- Tick size of 1 paise must be followed
Important Dates
- Listing Date: August 4, 2025
- Allotment Date: August 1, 2025
- Interest Payment: Monthly from August 11, 2025 to December 11, 2026
- Redemption Date: December 11, 2026
Impact Assessment
Minimal market impact as this is a routine debt security listing for a specific company’s financing needs. The securities are issued on private placement basis with limited public market exposure.
Impact Justification
Routine debt security listing with limited market impact