Description

Keertana Finserv Limited has fixed record date for part redemption and interest payment on NCDs. Face value will be reduced to Rs. 6,800 per debenture effective November 18, 2025.

Summary

Keertana Finserv Limited has announced part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The record date is set for November 18, 2025, and trading in the debentures will commence with reduced face value from the same date. The debenture face value will be reduced to Rs. 6,800 per debenture.

Key Points

  • Company: Keertana Finserv Limited
  • Security: Non-Convertible Debentures (ISIN: INE0NES07246)
  • Scrip Code: 976943
  • Security Name: KFPL-11.20%-03-04-27-PVT
  • Record Date: November 18, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 6,800 per debenture
  • Effective Date: November 18, 2025
  • Settlement Number: DR-758/2025-2026

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 6,800 per debenture effective from November 18, 2025
  • Trading members are required to take note of the record date for the part redemption and interest payment

Important Dates

  • November 18, 2025: Record date for part redemption and interest payment
  • November 18, 2025: Effective date for trading with reduced face value (Settlement DR-758/2025-2026)

Impact Assessment

This is a routine corporate action with minimal market impact. The part redemption affects a privately placed debenture of Keertana Finserv Limited. Existing debenture holders will receive partial redemption proceeds and interest payment based on holdings as of the record date. Post-redemption, the face value of remaining debentures will be Rs. 6,800, and all subsequent trading will reflect this reduced value. The impact is limited to holders of this specific debt security.

Impact Justification

Routine corporate action affecting a single privately placed debt security with limited market impact