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 (INE0NES07196) with a record date of September 1, 2025. The debentures will trade with a reduced face value of Rs. 75,000 per debenture effective from the same date.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Debenture Code: KFL-11.4%-19-6-26-PVT INE0NES07196 (976800)
- Record date fixed for part redemption and interest payment
- Trading will continue with reduced face value post-redemption
Regulatory Changes
No new regulatory changes introduced. This follows standard corporate action procedures for debenture redemption.
Compliance Requirements
- Trading members must note the change in face value for trading purposes
- Debentures will trade with reduced face value from effective date
- Standard settlement procedures apply 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
Limited market impact as this affects only holders of specific KEERTANA FINSERV LIMITED debentures. The part redemption will reduce the outstanding principal amount while providing liquidity to debenture holders. Trading will continue normally with the adjusted face value.
Impact Justification
Routine corporate action affecting specific debenture holders with clear timeline and procedures