Description
KEERTANA FINSERV LIMITED has fixed record date for part redemption of debentures and payment of interest with reduced face value effective September 1, 2025.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures with a record date of September 1, 2025. The debentures will trade with reduced face value of Rs. 75,000 per debenture effective from the same date.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Security Code: KFL-11.4%-19-6-26-PVT (INE0NES07196)
- ISIN: 976800
- Purpose: Part redemption of debentures and payment of interest
- Reduced face value: Rs. 75,000 per debenture
- Settlement number: DR-705/2025-2026
Regulatory Changes
Trading in the company’s debentures will be conducted with the reduced face value from September 1, 2025.
Compliance Requirements
Trading members must note the change in face value for trading purposes from the effective date.
Important Dates
- Record Date: September 1, 2025
- Effective Date for Reduced Face Value: September 1, 2025
- Notice Date: August 19, 2025
Impact Assessment
The part redemption will reduce the outstanding debt obligation of KEERTANA FINSERV LIMITED while providing partial repayment to debenture holders. Trading will continue with the reduced face value, affecting pricing and settlement calculations.
Impact Justification
Affects debenture holders of specific company with face value reduction impacting trading