Description
BSE announces listing of new debt securities issued by Kanakadurga Finance Limited on private placement basis effective September 5, 2025.
Summary
BSE has listed new debt securities of Kanakadurga Finance Limited issued on private placement basis, effective from September 5, 2025. The securities carry an 11.55% interest rate and will mature on December 5, 2026.
Key Points
- Quantity: 20,000 securities with market lot size of 1
- Scrip Code: 977086, Scrip ID: 1155KFL26
- ISIN Number: INE104W07211
- Face Value and Issue Price: ₹10,000 each
- Credit Rating: CARE BBB-/Stable
- Interest Rate: 11.55% per annum paid monthly
- Securities tradeable only in dematerialised form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialised form
- Securities must be traded under the specified ISIN number
- Trading members can refer to Placement Memorandum for further details
Important Dates
- Date of Allotment: September 3, 2025
- Listing Date: September 5, 2025
- Date of Redemption: December 5, 2026
- Interest Payment: Monthly
Impact Assessment
Minimal market impact as this is a routine private placement listing of debt securities. The listing provides additional investment options in the debt segment for institutional and eligible investors.
Impact Justification
Routine debt security listing with limited market impact