Description

BSE lists 3000 new debt securities (11.2% p.a. interest) of Keertana Finserv Limited issued on private placement basis, with maturity date December 11, 2026.

Summary

BSE has listed new debt securities of Keertana Finserv Limited on its Debt segment effective October 8, 2025. The securities were issued on private placement basis with a quantity of 3000 units, carrying an interest rate of 11.2% per annum with monthly interest payments.

Key Points

  • Quantity: 3000 securities listed
  • Scrip Code: 976776
  • Scrip ID: 112KFL26
  • ISIN: INE0NES07188 (further listings under same ISIN)
  • Credit Rating: IND BBB+/Stable
  • Face Value: ₹100,000 per unit
  • Issue Price: ₹99,846.58
  • Market Lot: 1
  • Date of Allotment: October 6, 2025
  • Trading: Demat form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07188
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 6, 2025
  • Listing Date: October 8, 2025
  • Interest Payment Period: Monthly from July 11, 2025 to December 11, 2026
  • Redemption Date: December 11, 2026

Impact Assessment

Market Impact: Low - This is a routine listing of debt securities on private placement basis affecting only debt market participants and investors in Keertana Finserv securities.

Operational Impact: Minimal - Standard listing with no put/call options. Trading members need to note the demat-only trading requirement and tick size specifications.

Investor Impact: Limited to debt investors interested in Keertana Finserv securities with BBB+ credit rating and 11.2% interest rate.

Impact Justification

Routine listing of debt securities on private placement basis with limited market-wide impact