Description

KEERTANA FINSERV LIMITED announces part redemption of non-convertible debentures with record date October 15, 2025, reducing face value to Rs. 71,428.58 per debenture.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of its Non-Convertible Debentures (NCDs) with ISIN INE0NES07170. The company has fixed October 15, 2025 as the record date for determining eligible debenture holders. Following the part redemption, trading in these debentures will continue with a reduced face value of Rs. 71,428.58 per debenture, effective from October 15, 2025.

Key Points

  • Part redemption of Non-Convertible Debentures (KFL-11.30%-30-01-27-PVT)
  • ISIN: INE0NES07170 (BSE Code: 976653)
  • Record date for redemption: October 15, 2025
  • Reduced face value: Rs. 71,428.58 per debenture (post-redemption)
  • Effective date for reduced face value trading: October 15, 2025
  • Settlement number: DR-736/2025-2026

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notice for debt instrument redemption.

Compliance Requirements

  • Trading members must note the record date of October 15, 2025 for part redemption eligibility
  • Trading members must ensure that trading in the debentures reflects the reduced face value of Rs. 71,428.58 per debenture from October 15, 2025 onwards
  • All trades executed on or after October 15, 2025 will be based on the reduced face value

Important Dates

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

Impact Assessment

This circular has minimal market-wide impact as it pertains to a specific debt instrument of a private company. The part redemption is a routine corporate action that affects only the holders of these particular debentures. Trading members dealing with these specific NCDs need to update their systems to reflect the reduced face value from the effective date. The announcement provides sufficient advance notice (5 days) for operational adjustments.

Impact Justification

Routine corporate action affecting specific debt instrument holders only, limited market-wide impact