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 issued by Kanakadurga Finance Limited on private placement basis effective September 5, 2025. The securities consist of 20,000 units with face value of Rs. 10,000 each, carrying an interest rate of 11.55% per annum with monthly interest payments.

Key Points

  • Issuer: Kanakadurga Finance Limited
  • Quantity: 20,000 units
  • Face Value: Rs. 10,000 per unit (Total: Rs. 20 crore)
  • Scrip Code: 977086
  • Scrip ID: 1155KFL26
  • ISIN: INE104W07211
  • Credit Rating: CARE BBB-/Stable
  • Interest Rate: 11.55% per annum
  • Interest Payment: Monthly
  • Allotment Date: September 3, 2025
  • Redemption Date: December 5, 2026
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Demat only
  • Put/Call Option: Not Available

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE104W07211
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for additional details
  • For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: September 3, 2025
  • Listing Date: September 5, 2025
  • Interest Payment: Monthly (specific dates not disclosed)
  • Redemption Date: December 5, 2026

Impact Assessment

This is a routine listing announcement with minimal market impact. The securities are issued on private placement basis and will trade only in the debt segment. Impact is limited to specific institutional investors and debt market participants. The CARE BBB-/Stable rating indicates moderate credit quality with adequate safety for timely payment of financial obligations.

Impact Justification

Routine debt securities listing announcement for a single issuer with standard terms affecting only specific debt market participants