Description

BSE announces listing of 50,000 secured redeemable non-convertible debentures of Keertana Finserv Limited with 11.40% p.a. interest rate, maturing on October 24, 2027.

Summary

BSE has listed and admitted to trading new debt securities of Keertana Finserv Limited on its Debt segment effective November 10, 2025. The securities were issued on a private placement basis with a face value of Rs. 10,000 per debenture, issue price of Rs. 10,044, and carry an interest rate of 11.40% per annum with monthly interest payments.

Key Points

  • Quantity: 50,000 debentures listed
  • Scrip Code: 977241
  • Scrip ID: 1140KRFL27
  • Detail Name: KRFL-11.40%-24-10-27-PVT
  • ISIN: INE0NES07287 (Further listing under same ISIN)
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 10,044 per debenture
  • Market Lot: 1
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.40% per annum
  • Interest Payment: Monthly from November 24, 2025 to October 24, 2027
  • Date of Allotment: October 24, 2025
  • Redemption Date: October 24, 2027
  • Put/Call Option: Not available
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

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

Important Dates

  • Allotment Date: October 24, 2025
  • Listing Date: November 10, 2025
  • First Interest Payment: November 24, 2025
  • Maturity/Redemption Date: October 24, 2027
  • Interest Payment Frequency: Monthly (24th of each month)

Impact Assessment

This circular has minimal market-wide impact as it pertains to a routine listing of privately placed debt securities of a single non-banking financial company. The securities are available for trading in the debt segment for interested investors. The BBB+ credit rating indicates moderate credit quality with adequate capacity to meet financial commitments.

Impact Justification

Routine listing notification for privately placed debt securities of a single company with limited market-wide impact