Description
BSE announces listing of new debt securities worth Rs. 20 crore issued by Kanakadurga Finance Limited on private placement basis with 11.55% interest rate.
Summary
BSE has listed new debt securities of Kanakadurga Finance Limited worth Rs. 20 crore on private placement basis. The securities carry an interest rate of 11.55% per annum with monthly interest payments and maturity date of December 5, 2026.
Key Points
- Quantity: 20,000 securities with face value of Rs. 10,000 each
- Scrip Code: 977086, Scrip ID: 1155KFL26
- ISIN: INE104W07211
- Interest Rate: 11.55% per annum paid monthly
- Credit Rating: CARE BBB-/Stable
- Issue Price: Rs. 10,000
- Date of Allotment: September 3, 2025
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes. Standard listing procedure for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities to be traded under ISIN INE104W07211
- Standard debt segment trading rules apply
Important Dates
- Allotment Date: September 3, 2025
- Listing Date: September 5, 2025
- Redemption Date: December 5, 2026
- Interest Payment: Monthly
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities are rated BBB-/Stable and represent standard corporate borrowing activity.
Impact Justification
Routine debt security listing with limited market impact