Description
BSE announces listing of new debt securities (11.20% NCDs) of Keertana Finserv Limited issued on private placement basis, effective November 20, 2025.
Summary
BSE has listed new debt securities of Keertana Finserv Limited issued on private placement basis on the BSE Debt segment effective November 20, 2025. The securities are Non-Convertible Debentures (NCDs) with 11.20% annual interest rate, maturing on December 11, 2026.
Key Points
- Issuer: Keertana Finserv Limited
- Scrip Code: 976776
- Scrip ID: 112KFL26
- ISIN: INE0NES07188 (further listings under same ISIN)
- Quantity: 7,000 debentures
- Face Value: Rs. 1,00,000 per debenture
- Issue Price: Rs. 1,00,365 per debenture
- Interest Rate: 11.20% per annum (paid monthly)
- Credit Rating: IND BBB+/Stable
- Market Lot: 1
- Tick Size: 1 paise
- Trading Mode: Dematerialized form only
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NES07188
- Tick size of 1 paise must be observed for trading
- Members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Date of Allotment: November 18, 2025
- Listing Date: November 20, 2025
- Interest Payment Period: Monthly from July 11, 2025 to December 11, 2026
- Redemption Date: December 11, 2026
Impact Assessment
This is a routine listing announcement for privately placed debt securities with limited market-wide impact. The listing provides additional investment options in the debt market segment for institutional and qualified investors. The securities carry an investment-grade credit rating (BBB+/Stable) and offer monthly interest payments at 11.20% per annum. No put or call options are available on these instruments.
Impact Justification
Routine listing announcement for private placement debt securities of a non-publicly traded company with limited market-wide impact