Description

BSE announces listing and admission to trading of 100,000 new debt securities (11.10% p.a. interest) issued by Keertana Finserv Limited on private placement basis, with maturity date of August 19, 2027.

Summary

BSE has listed and admitted to trading new debt securities issued by Keertana Finserv Limited on private placement basis, effective October 14, 2025. The securities comprise 100,000 units with an 11.10% per annum interest rate, maturing on August 19, 2027. Trading will be conducted exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Quantity: 100,000 units with market lot of 1
  • Scrip Code: 977044 (Scrip ID: 111KFL27)
  • Detail Name: KFL-11.10%-19-8-27-PVT
  • ISIN Number: INE0NES07261 (further listings under same ISIN)
  • Face Value: Rs. 10,000.00 per unit
  • Issue Price: Rs. 9,973.00 per unit
  • Interest Rate: 11.10% per annum with monthly interest payments
  • Credit Rating: IND BBB+/Stable
  • Date of Allotment: October 10, 2025
  • Trading exclusively in dematerialized form
  • Tick size: 1 paise
  • No Put/Call options available

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07261
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 10, 2025
  • Listing Date: October 14, 2025
  • Interest Payment Period: Monthly from September 19, 2025 to August 19, 2027
  • Redemption Date: August 19, 2027

Impact Assessment

Market Impact: Minimal. This is a routine listing of privately placed debt securities on the BSE Debt segment with no direct impact on equity markets or retail investors.

Operational Impact: Low. Trading members dealing in debt securities can now trade these instruments in the dematerialized form on BSE’s debt platform.

Investor Impact: Limited to institutional investors and entities participating in private placement debt markets. The securities carry an IND BBB+/Stable credit rating, indicating moderate credit quality with stable outlook.

Impact Justification

Routine listing notification for debt securities on private placement basis with no impact on equity markets or broader trading operations