Description

KEERTANA FINSERV LIMITED has fixed record date for part redemption of non-convertible debentures, with trading to commence at reduced face value from October 15, 2025.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE0NES07170, Code: 976653) with October 15, 2025 as the record date. Trading in these debentures will commence with a reduced face value of Rs. 71,428.58 per debenture effective from October 15, 2025 under settlement number DR-736/2025-2026.

Key Points

  • Company: KEERTANA FINSERV LIMITED
  • Debenture Code: KFL-11.30%-30-01-27-PVT
  • ISIN: INE0NES07170 (Code: 976653)
  • Record Date: October 15, 2025
  • Purpose: Part Redemption of Non-Convertible Debentures
  • Reduced Face Value: Rs. 71,428.58 per debenture
  • Effective Date: October 15, 2025
  • Settlement Number: DR-736/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for part redemption of debentures.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted at the reduced face value from the effective date
  • All trading activity post October 15, 2025 must reflect the new face value of Rs. 71,428.58 per debenture

Important Dates

  • Record Date: October 15, 2025
  • Effective Date for Reduced Face Value Trading: October 15, 2025
  • Settlement Number: DR-736/2025-2026
  • Circular Date: October 10, 2025

Impact Assessment

This part redemption will reduce the face value of KEERTANA FINSERV LIMITED’s non-convertible debentures to Rs. 71,428.58 per unit. Debenture holders as of the record date (October 15, 2025) will receive partial redemption proceeds. The impact is limited to holders of this specific debt instrument (ISIN: INE0NES07170). Trading members must update their systems to reflect the new face value for accurate pricing and settlement.

Impact Justification

Part redemption affects debenture holders of KEERTANA FINSERV LIMITED with specific face value reduction. Medium impact as it affects debt securities holders but is a standard corporate action.