Description

KEERTANA FINSERV LIMITED announces part redemption of debentures with reduced face values effective November 10-11, 2025.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of two series of non-convertible debentures along with interest payment. Trading in the affected debentures will commence with reduced face values from the specified effective dates in November 2025.

Key Points

  • Two debenture series (KFL-11.05%-20-2-26-PVT and KFL-11.40%-26-5-27-PVT) affected by part redemption
  • Record dates set for determining eligible debenture holders for redemption and interest payment
  • Trading will continue post-redemption with reduced face values
  • Separate record dates and effective dates for each debenture series

Debenture Details

Series 1: KFL-11.05%-20-2-26-PVT

  • ISIN: INE0NES07089 (Code: 975395)
  • Record Date: November 10, 2025
  • Reduced Face Value: Rs. 12,500 per Debenture
  • Effective Date: November 10, 2025 (Settlement DR-752/2025-2026)

Series 2: KFL-11.40%-26-5-27-PVT

  • ISIN: INE0NES07147 (Code: 976187)
  • Record Date: November 11, 2025
  • Reduced Face Value: Rs. 60,000 per Debenture
  • Effective Date: November 11, 2025 (Settlement DR-753/2025-2026)

Important Dates

  • November 10, 2025: Record date and effective date for KFL-11.05%-20-2-26-PVT series
  • November 11, 2025: Record date and effective date for KFL-11.40%-26-5-27-PVT series

Compliance Requirements

  • Trading members must note the reduced face values effective from specified dates
  • Trading will continue in these debentures with reduced face values post-redemption
  • Members should update their systems to reflect the new face values

Impact Assessment

This part redemption provides liquidity to debenture holders while allowing continued trading in the securities. The face value reduction reflects the partial return of principal to investors. Impact is limited to holders of these specific debt securities of KEERTANA FINSERV LIMITED. Trading members need to ensure proper system updates to reflect reduced face values.

Impact Justification

Affects debenture holders of KEERTANA FINSERV LIMITED with part redemption and face value changes. Impact limited to specific debt securities holders.