Description

KEERTANA FINSERV LIMITED has set record date for part redemption of debentures and interest payment, with reduced face value effective from October 31, 2025.

Summary

KEERTANA FINSERV LIMITED has fixed the record date of October 31, 2025, for part redemption of its non-convertible debentures (INE0NES07105, Scrip Code: 975653) and payment of interest. Trading in these debentures will be conducted with a reduced face value of Rs. 25,000 per debenture effective from October 31, 2025, under settlement number DR-747/2025-2026.

Key Points

  • Company: KEERTANA FINSERV LIMITED
  • Debenture Code: KFL-11.40%-10-5-26-PVT
  • ISIN: INE0NES07105
  • Scrip Code: 975653
  • Record Date: October 31, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 25,000 per debenture
  • Effective Date: October 31, 2025
  • Settlement Number: DR-747/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value from the effective date
  • Settlement processes must account for the reduced face value of Rs. 25,000 per debenture
  • Members should inform their clients holding these debentures about the part redemption and interest payment

Important Dates

  • Notice Date: October 27, 2025
  • Record Date: October 31, 2025 - Eligibility date for interest payment and part redemption
  • Effective Date for Reduced Face Value: October 31, 2025
  • Settlement Number: DR-747/2025-2026

Impact Assessment

This corporate action has a medium impact on holders of KEERTANA FINSERV LIMITED debentures. The part redemption reduces the outstanding principal amount per debenture to Rs. 25,000, which affects the investment size and future interest calculations. Debenture holders will receive partial principal repayment along with interest payment. Trading members need to update their systems to reflect the reduced face value for ongoing trading and settlement operations. The action is routine for debt securities nearing maturity or following scheduled redemption terms.

Impact Justification

Corporate action affecting debenture holders of KEERTANA FINSERV LIMITED with face value reduction and part redemption, impacting debt market participants