Description
BSE announces part redemption of KEERTANA FINSERV LIMITED debentures with reduced face value effective August 8, 2025.
Summary
BSE has notified trading members about KEERTANA FINSERV LIMITED’s part redemption of non-convertible debentures. The company has fixed a record date for interest payment and part redemption, resulting in reduced face value trading effective August 8, 2025.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Debenture Code: KFL-11.05%-20-2-26-PVT (INE0NES07089)
- BSE Code: 975395
- Record Date: August 10, 2025
- New reduced face value: Rs. 25,000 per debenture
- Effective date: August 8, 2025 (Settlement DR-691/2025-2026)
Regulatory Changes
Trading in KEERTANA FINSERV LIMITED debentures will commence with reduced face value from the effective date mentioned above.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed from the effective date.
Important Dates
- Record Date: August 10, 2025 - For interest payment and part redemption eligibility
- Effective Date: August 8, 2025 - Trading with reduced face value begins
- Settlement Number: DR-691/2025-2026
Impact Assessment
This corporate action will affect the trading parameters of KEERTANA FINSERV LIMITED debentures. Investors and trading members need to be aware of the reduced face value for proper valuation and trading decisions. The part redemption will return capital to debenture holders while reducing the outstanding debt instrument size.
Impact Justification
Corporate action affecting debenture trading parameters with specific effective date