Description

BSE announces the listing and admission to dealings of new debt securities issued by Keertana Finserv Limited on private placement basis with effect from October 27, 2025.

Summary

BSE has listed new debt securities issued by Keertana Finserv Limited on private placement basis, effective October 27, 2025. The securities are non-convertible debentures with a face value of Rs. 10,000, carrying an interest rate of 11.40% per annum with monthly interest payments, and maturing on October 24, 2027. The debentures are rated IND BBB+/Stable and will trade only in dematerialized form on the BSE Debt segment.

Key Points

  • Scrip Code: 977241, Scrip ID: 1140KRFL27
  • ISIN Number: INE0NES07287
  • Total Quantity: 101,000 debentures
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 10,000 per debenture
  • Interest Rate: 11.40% per annum
  • Credit Rating: IND BBB+/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Date of Allotment: October 24, 2025
  • Interest Payment Frequency: Monthly
  • Trading Mode: Dematerialized form only
  • No put/call options available

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07287
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 24, 2025
  • Listing Effective Date: October 27, 2025
  • Interest Payment Period: Monthly from November 24, 2025 to October 24, 2027
  • Redemption Date: October 24, 2027

Impact Assessment

Market Impact: Minimal. This is a routine debt security listing for a single issuer on private placement basis with limited quantity (101,000 units).

Investor Impact: Low. The debentures offer 11.40% annual returns with monthly interest payments over a 2-year tenure, rated BBB+/Stable, suitable for investors seeking fixed income instruments.

Operational Impact: None. Standard listing process with no changes to existing trading procedures or systems.

Impact Justification

Routine listing notification for debt securities of a single company with no market-wide implications