Description
Keertana Finserv Limited has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective December 1, 2025.
Summary
BSE has notified that Keertana Finserv Limited will conduct part redemption of its non-convertible debentures (ISIN: INE0NES07196, Code: 976800) with a record date of December 1, 2025. The debentures will trade with a reduced face value of Rs. 50,000 per debenture effective from December 1, 2025. The company will also pay interest on the same record date.
Key Points
- Company: Keertana Finserv Limited
- Security: Non-Convertible Debentures (KFL-11.4%-19-6-26-PVT)
- ISIN: INE0NES07196
- BSE Code: 976800
- 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 No. DR-767/2025-2026)
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members must note that trading in these debentures will be conducted with the reduced face value effective from December 1, 2025
- Members should update their systems to reflect the new face value for settlement purposes
Important Dates
- Record Date: December 1, 2025 - Eligibility date for interest payment and part redemption
- Effective Date: December 1, 2025 - Date from which debentures will trade with reduced face value
- Settlement Number: DR-767/2025-2026
Impact Assessment
This is a routine corporate action with minimal market impact. The part redemption affects only holders of Keertana Finserv Limited’s specific debenture series. Trading members dealing with this security need to update their records to reflect the reduced face value. The action represents normal debt servicing by the issuer and does not indicate any broader market implications.
Impact Justification
Routine corporate action affecting a single private debt security with limited market impact