Description

KEERTANA FINSERV LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective from December 1, 2025.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures along with interest payment. The record date has been set as December 1, 2025, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Company: KEERTANA FINSERV LIMITED
  • ISIN: INE0NES07196 (Code: 976800)
  • Debenture Series: KFL-11.4%-19-6-26-PVT
  • Record Date: December 1, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 50,000 per debenture
  • Effective Date: December 1, 2025
  • Settlement Number: DR-767/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action related to debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the company’s debentures will be conducted with reduced face value from the effective date
  • Trading members should update their systems to reflect the new face value of Rs. 50,000 per debenture
  • Debenture holders on record as of December 1, 2025 will be eligible for interest payment and part redemption

Important Dates

  • Record Date: December 1, 2025
  • Effective Date for Reduced Face Value: December 1, 2025
  • Settlement Number: DR-767/2025-2026
  • Notice Date: November 24, 2025

Impact Assessment

This corporate action has a direct impact on holders of KEERTANA FINSERV LIMITED’s non-convertible debentures (INE0NES07196). The part redemption will reduce the outstanding face value to Rs. 50,000 per debenture. Trading members need to ensure their systems are updated to reflect the reduced face value for accurate trading and settlement. Debenture holders will receive both interest payment and partial principal repayment based on the record date.

Impact Justification

Medium importance as this affects specific debenture holders of KEERTANA FINSERV LIMITED. Impact is medium as it involves part redemption reducing face value from original to Rs. 50,000 per debenture.