Description

BSE announces listing of new private placement debt securities (11.10% debentures) issued by Keertana Finserv Limited with effect from October 14, 2025.

Summary

BSE has listed new debt securities of Keertana Finserv Limited on its Debt segment effective October 14, 2025. The securities are privately placed debentures carrying 11.10% interest rate per annum, maturing on August 19, 2027. The debentures will trade in dematerialized form only with a tick size of 1 paise.

Key Points

  • Quantity issued: 100,000 debentures
  • Scrip Code: 977044
  • Scrip ID: 111KFL27
  • ISIN: INE0NES07261 (further listings under same ISIN)
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 9,973 per debenture
  • Credit Rating: IND BBB+/Stable
  • Market Lot: 1 debenture
  • Trading mode: Dematerialized form only
  • Tick size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities in dematerialized form only under ISIN INE0NES07261
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum section 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: Monthly from September 19, 2025 to August 19, 2027
  • Redemption Date: August 19, 2027
  • Interest Rate: 11.10% per annum

Impact Assessment

This listing has minimal market-wide impact as it pertains to private placement debt securities of a specific company. The listing provides additional investment options in the debt segment for institutional and qualified investors. The BBB+ credit rating indicates moderate credit quality with adequate capacity to meet financial commitments. No put or call options are available on these debentures.

Impact Justification

Routine debt security listing notification for private placement debentures of a non-banking finance company with limited market-wide impact