Description
BSE lists new private placement debt securities of Keertana Finserv Limited with 11.40% interest rate and May 2027 maturity.
Summary
BSE has listed new debt securities of Keertana Finserv Limited issued on private placement basis. The securities carry an 11.40% annual interest rate with monthly payments and mature on May 12, 2027.
Key Points
- Quantity: 10,000 securities with market lot of 1
- Face Value: Rs. 100,000 per security
- Interest Rate: 11.40% per annum paid monthly
- Credit Rating: IND BBB+/Stable
- ISIN: INE0NES07253
- Scrip Code: 977029
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Securities will trade only in dematerialized form
- Tick size is 1 paise
- Trading members should refer to Placement Memorandum for additional details
Important Dates
- Date of Allotment: August 12, 2025
- Trading Commencement: August 14, 2025
- Interest Payment: Monthly
- Maturity Date: May 12, 2027
Impact Assessment
Limited market impact as this is a routine private placement debt listing. The securities provide institutional investors access to a rated corporate bond with regular monthly interest payments.
Impact Justification
Routine debt security listing with limited market impact