Description
BSE notice regarding part redemption of non-convertible 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
- Company: KEERTANA FINSERV LIMITED
- Debenture Code: KFL-11.4%-19-6-26-PVT (INE0NES07196)
- ISIN: 976800
- Record Date: September 1, 2025
- Purpose: Part redemption of debentures and interest payment
- New face value: Rs. 75,000 per debenture
Regulatory Changes
Trading in the company’s debentures will commence with the reduced face value effective from the record date.
Compliance Requirements
Trading members must note the change in face value for settlement purposes under DR-705/2025-2026.
Important Dates
- Record Date: September 1, 2025
- Effective Date for Reduced Face Value: September 1, 2025
- Settlement Number: DR-705/2025-2026
Impact Assessment
The part redemption will reduce the outstanding principal amount of the debentures, affecting the trading value and settlement calculations for market participants dealing in these debt securities.
Impact Justification
Corporate action affecting debenture trading with face value reduction from unspecified amount to Rs. 75,000 per debenture