Description

KEERTANA FINSERV LIMITED has fixed record dates for part redemption and interest payment on two series of non-convertible debentures with reduced face values effective from November 10-11, 2025.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of two series of non-convertible debentures along with interest payment. The company has set record dates of November 10 and 11, 2025 for two different debenture series. Trading in these debentures will continue with reduced face values effective from the respective record dates.

Key Points

  • Two series of non-convertible debentures are subject to part redemption
  • KFL-11.05%-20-2-26-PVT (ISIN: INE0NES07089) will have reduced face value of Rs. 12,500 per debenture
  • KFL-11.40%-26-5-27-PVT (ISIN: INE0NES07147) will have reduced face value of Rs. 60,000 per debenture
  • Both part redemption and interest payment will be processed on record dates
  • Trading members must note the reduced face values for ongoing trading

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must note that debentures will trade at reduced face values from the effective dates
  • Settlement numbers DR-752/2025-2026 and DR-753/2025-2026 apply to the respective series
  • Trading members should ensure their systems reflect the reduced face values for accurate transaction processing

Important Dates

  • November 10, 2025: Record date for KFL-11.05%-20-2-26-PVT series; effective date for reduced face value of Rs. 12,500 per debenture (Settlement: DR-752/2025-2026)
  • November 11, 2025: Record date for KFL-11.40%-26-5-27-PVT series; effective date for reduced face value of Rs. 60,000 per debenture (Settlement: DR-753/2025-2026)

Impact Assessment

Market Impact: Low - This is a routine corporate action affecting only holders of specific private debenture series of KEERTANA FINSERV LIMITED.

Operational Impact: Minimal - Trading members need to update their systems to reflect the reduced face values for these two debenture series. The change affects debt segment trading only and involves standard settlement processes.

Investor Impact: Debenture holders of record on the specified dates will receive part redemption proceeds and interest payments, reducing their outstanding investment in these securities.

Impact Justification

Routine corporate action affecting specific debenture holders of a private debt issuer with limited market-wide impact