Description

BSE announces the listing of new debt securities issued by Keertana Finserv Limited on private placement basis, effective November 13, 2025.

Summary

BSE has listed new debt securities issued by Keertana Finserv Limited on private placement basis, effective November 13, 2025. The securities comprise 90,000 units with 11.20% annual interest rate, maturing on April 3, 2027. The securities are rated IND BBB+/Stable and will trade exclusively in dematerialized form on the BSE Debt segment.

Key Points

  • Quantity: 90,000 units listed
  • Scrip Code: 976943, Scrip ID: 1120KFPL27
  • ISIN: INE0NES07246 (further listings under same ISIN)
  • Face Value: Rs. 10,000 per unit
  • Issue Price: Rs. 10,340.60
  • Interest Rate: 11.20% per annum (paid quarterly)
  • Credit Rating: IND BBB+/Stable
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • No put/call options available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07246
  • Members must use the prescribed tick size of 1 paise
  • Trading members should refer to the Placement Memorandum available at BSE’s website for complete details
  • Members requiring clarifications may contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Date of Allotment: November 12, 2025
  • Listing Date: November 13, 2025
  • First Interest Payment: December 3, 2025
  • Interest Payment Frequency: Quarterly (from December 3, 2025 to April 3, 2027)
  • Redemption Date: April 3, 2027

Impact Assessment

Limited market impact as this is a routine private placement debt listing. The securities expand the debt segment offerings but are relevant primarily to institutional investors and debt market participants. The BBB+ stable rating indicates moderate credit quality. No impact on equity markets or broader trading operations. Standard administrative circular for debt segment participants.

Impact Justification

Routine listing of private placement debt securities with limited market-wide impact, relevant primarily to debt segment participants and investors in Keertana Finserv securities