Description
KEERTANA FINSERV LIMITED announces part redemption of debentures with reduced face value effective September 1, 2025.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its Non-Convertible Debentures along with interest payment. The debentures will trade with a reduced face value of Rs. 75,000 per debenture effective September 1, 2025.
Key Points
- Record date fixed for part redemption and interest payment: September 1, 2025
- Debenture code: KFL-11.4%-19-6-26-PVT
- ISIN: INE0NES07196 (976800)
- Reduced face value: Rs. 75,000 per debenture
- Settlement number: DR-705/2025-2026
Regulatory Changes
Trading in the company’s debentures will commence with reduced face value from the effective date as per BSE regulations for corporate actions.
Compliance Requirements
Trading members must note the change in face value and ensure proper settlement procedures are followed for the part redemption process.
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 result in a reduction of outstanding debt for the company while providing liquidity to debenture holders. Trading members need to adjust their systems to reflect the new face value for accurate pricing and settlement.
Impact Justification
Affects debenture trading with reduced face value and interest payment