Description
New debt securities of Kanakadurga Finance Limited listed on BSE Debt segment with 11.55% interest rate and December 2026 redemption.
Summary
Kanakadurga Finance Limited has listed new debt securities worth ₹20 crore on BSE’s Debt segment effective September 5, 2025. The securities carry an 11.55% annual interest rate with monthly payments and mature on December 5, 2026.
Key Points
- Quantity: 20,000 units of ₹10,000 face value each
- Scrip Code: 977086, Scrip ID: 1155KFL26
- ISIN: INE104W07211
- Credit Rating: CARE BBB-/Stable
- Interest Rate: 11.55% per annum paid monthly
- Issue based on private placement
- Trading in dematerialized form only
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Securities must be traded under the specified ISIN number
- Trading members can contact debt department (22728352/8597/8995/5753/8915) for clarifications
- Refer to Placement Memorandum on BSE website for additional details
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 for a specific issuer. The securities provide investors with a fixed-income option at 11.55% annual yield over a 15-month tenure.
Impact Justification
Routine debt security listing with limited market impact