Description

BSE announces part redemption of two series of non-convertible debentures issued by KEERTANA FINSERV LIMITED with reduced face values effective November 10-11, 2025.

Summary

BSE has notified trading members about the part redemption and interest payment on two series of non-convertible debentures issued by KEERTANA FINSERV LIMITED. The debentures will trade with reduced face values following the redemption, with record dates set for November 10-11, 2025.

Key Points

  • Two debenture series of KEERTANA FINSERV LIMITED undergoing part redemption
  • KFL-11.05%-20-2-26-PVT (ISIN: INE0NES07089) face value reduced to Rs. 12,500 per debenture
  • KFL-11.40%-26-5-27-PVT (ISIN: INE0NES07147) face value reduced to Rs. 60,000 per debenture
  • Trading in debentures will be at reduced face values from effective dates
  • Both redemption and interest payment will occur on record dates

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the record dates for both debenture series
  • Trading in the debentures must be conducted at the reduced face values from the effective dates
  • Settlement numbers DR-752/2025-2026 and DR-753/2025-2026 apply to the respective series

Important Dates

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

Impact Assessment

This is a routine corporate action with limited market impact. The part redemption affects only holders of these specific private placement debentures of KEERTANA FINSERV LIMITED. Trading members dealing in these debt instruments need to update their systems to reflect the reduced face values. The action demonstrates normal debt servicing by the issuer with no broader implications for market operations or other securities.

Impact Justification

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