Description

KEERTANA FINSERV LIMITED has fixed record date for part redemption of debentures and interest payment, with reduced face value effective December 8, 2025.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE0NES07212, Code: 976823) with a record date of December 8, 2025. The debentures will trade with a reduced face value of Rs. 83,333.33 per debenture effective from December 8, 2025, settlement number DR-772/2025-2026.

Key Points

  • Company: KEERTANA FINSERV LIMITED
  • Debenture Code: KFL-11.4%-23-6-28-PVT (976823)
  • ISIN: INE0NES07212
  • Record Date: December 8, 2025
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced Face Value: Rs. 83,333.33 per debenture
  • Effective Date: December 8, 2025
  • Settlement Number: DR-772/2025-2026

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for debenture redemption.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with the reduced face value effective from December 8, 2025
  • The debentures will reflect the new face value of Rs. 83,333.33 from the effective date

Important Dates

  • Notice Date: November 25, 2025
  • Record Date: December 8, 2025
  • Effective Date for Reduced Face Value: December 8, 2025
  • Settlement Number: DR-772/2025-2026

Impact Assessment

Debenture Holders: Existing holders of KFL debentures will receive part redemption payment and interest on the record date. The face value reduces from the original amount to Rs. 83,333.33 per debenture.

Trading Impact: Limited impact on broader market. Trading will continue with the reduced face value effective December 8, 2025. This is a routine corporate action affecting only holders of this specific debt instrument.

Liquidity: No significant liquidity impact expected as this is a part redemption event for a private placement debenture issue.

Impact Justification

Standard part redemption of debentures affecting specific debenture holders with reduced face value from Rs. 100,000 to Rs. 83,333.33