Description
KEERTANA FINSERV LIMITED has fixed Record Date for part redemption and interest payment on non-convertible debentures with reduced face value effective August 8, 2025.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures along with interest payment, with record date set for August 10, 2025. The debentures will trade with reduced face value of Rs. 25,000 per debenture effective August 8, 2025.
Key Points
- Company: KEERTANA FINSERV LIMITED
- ISIN: INE0NES07089 (Code: 975395)
- Record Date: August 10, 2025
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 25,000 per debenture
- Effective date: August 8, 2025 (Settlement DR-691/2025-2026)
Regulatory Changes
Trading in the company’s debentures will be conducted with reduced face value from the effective date onwards.
Compliance Requirements
Trading members are required to note the change in face value for debenture trading from August 8, 2025.
Important Dates
- August 8, 2025: Effective date for reduced face value trading
- August 10, 2025: Record date for part redemption and interest payment
Impact Assessment
The part redemption will reduce the outstanding face value of debentures, affecting the trading value and investor holdings. Debenture holders will receive partial redemption proceeds and accrued interest.
Impact Justification
Affects debenture trading with reduced face value impacting debt security holders