Description
BSE announces part redemption of non-convertible debentures of Keertana Finserv Limited 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 debentures will trade with reduced face value of Rs. 25,000 per debenture effective August 8, 2025.
Key Points
- Record date fixed as August 10, 2025 for part redemption and interest payment
- Debentures will trade with reduced face value from August 8, 2025
- ISIN: INE0NES07089 (Code: 975395)
- Settlement number: DR-691/2025-2026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the reduced face value effective date
- All trading in the debentures must reflect the new reduced face value from the effective date
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
This affects holders of Keertana Finserv Limited debentures (INE0NES07089). The part redemption will reduce the face value to Rs. 25,000 per debenture, impacting the trading value and future interest calculations. Trading members need to update their systems to reflect the reduced face value from the effective date.
Impact Justification
Affects specific debenture trading with face value reduction