Description
KEERTANA FINSERV LIMITED has fixed record date for part redemption of 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. The company has set August 10, 2025 as the record date, with trading in debentures continuing at reduced face value of Rs. 25,000 per debenture effective August 8, 2025.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Debenture Code: KFL-11.05%-20-2-26-PVT
- ISIN: INE0NES07089 (975395)
- Record Date: August 10, 2025
- Purpose: Part redemption of debentures and interest payment
- New reduced face value: Rs. 25,000 per debenture
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must note that debenture trading will continue with the reduced face value from the effective date.
Important Dates
- Record Date: August 10, 2025
- Effective Date: August 8, 2025 (DR-691/2025-2026)
- Settlement: DR-691/2025-2026
Impact Assessment
The part redemption will reduce the outstanding principal amount of the debentures. Holders will receive partial repayment plus accrued interest. Trading will continue at the reduced face value, affecting the market price and liquidity of these debt securities.
Impact Justification
Corporate action affecting debenture holders with specific trading implications and reduced face value