Description
KEERTANA FINSERV LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective November 18, 2025.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its Non-Convertible Debentures (ISIN: INE0NES07246, Scrip Code: 976943) with a record date of November 18, 2025. The debentures will trade with reduced face value of Rs. 6,800 per debenture effective from November 18, 2025. This corporate action also includes payment of interest to eligible debenture holders.
Key Points
- Issuer: KEERTANA FINSERV LIMITED
- Security: 11.20% Non-Convertible Debentures maturing on April 3, 2027
- ISIN: INE0NES07246
- Scrip Code: 976943
- Record Date: November 18, 2025
- Reduced Face Value: Rs. 6,800 per debenture
- Effective Date: November 18, 2025
- Settlement Number: DR-758/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with the reduced face value of Rs. 6,800 per debenture from November 18, 2025
- Debenture holders on record as of November 18, 2025 will be eligible for interest payment and part redemption proceeds
Important Dates
- Record Date: November 18, 2025 - Eligibility date for interest payment and part redemption
- Effective Date: November 18, 2025 - Debentures begin trading with reduced face value
- Settlement: DR-758/2025-2026
Impact Assessment
This is a routine part redemption exercise for privately placed debentures. The impact is limited to debenture holders of KEERTANA FINSERV LIMITED. The reduction in face value reflects the partial return of principal to investors as per the debenture terms. Trading members need to ensure systems are updated to reflect the new face value for accurate trade processing and settlement.
Impact Justification
Routine part redemption of privately placed debentures affecting limited investors. Standard corporate action with clear timelines.