Description
KEERTANA FINSERV LIMITED has fixed record date for part redemption of Non-Convertible Debentures with reduced face value effective October 15, 2025.
Summary
KEERTANA FINSERV LIMITED has announced a part redemption of its Non-Convertible Debentures (ISIN: INE0NES07170, Code: 976653). The record date for the part redemption is set for October 15, 2025, and trading will commence with a reduced face value from the same date. The face value will be reduced from the original amount to Rs. 71,428.58 per debenture.
Key Points
- Company: KEERTANA FINSERV LIMITED
- Security Code: KFL-11.30%-30-01-27-PVT (976653)
- ISIN: INE0NES07170
- Corporate action: Part Redemption of Non-Convertible Debentures
- Reduced face value: Rs. 71,428.58 per debenture
- Settlement Number: DR-736/2025-2026
- Trading segment: Debt market
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice for part redemption of debentures.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value effective from October 15, 2025
- All trading systems and records must reflect the new face value of Rs. 71,428.58 per debenture from the effective date
Important Dates
- Notice Date: October 10, 2025
- Record Date: October 15, 2025
- Effective Date of Reduced Face Value: October 15, 2025
- Settlement Number: DR-736/2025-2026
Impact Assessment
This is a routine corporate action with limited market impact. The part redemption affects only holders of the specific debenture series (KFL-11.30%-30-01-27-PVT) of KEERTANA FINSERV LIMITED. Trading members dealing in this security need to update their systems to reflect the reduced face value. The action does not affect the broader debt market or equity trading operations.
Impact Justification
Routine part redemption of privately placed debentures affecting only specific debenture holders of KEERTANA FINSERV LIMITED