Description
KEERTANA FINSERV LIMITED has fixed record date for payment of interest and part redemption on non-convertible debentures with reduced face value effective August 18, 2025.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures with record date of August 18, 2025. The debentures will trade with reduced face value of Rs. 12,500 per debenture effective from the same date.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Debenture Code: KFSL-11.60%-28-11-25-PVT (INE0NES07071)
- ISIN: 975222
- Record date: August 18, 2025
- Purpose: Part redemption of debentures and payment of interest
- New face value: Rs. 12,500 per debenture
Regulatory Changes
Trading in the company’s debentures will be conducted with reduced face value effective August 18, 2025.
Compliance Requirements
Trading members are required to note the change in face value and ensure proper settlement under DR-696/2025-2026.
Important Dates
- Record Date: August 18, 2025
- Effective Date: August 18, 2025
- Settlement Number: DR-696/2025-2026
Impact Assessment
This part redemption affects holders of KEERTANA FINSERV LIMITED debentures, providing partial return of capital along with interest payment. The reduced face value reflects the partial redemption amount returned to investors.
Impact Justification
Affects specific debenture holders with face value reduction and redemption process