Description

BSE lists new non-convertible debentures of Keertana Finserv Limited worth Rs. 50 crore on private placement basis with 11.40% interest rate maturing in October 2027.

Summary

BSE has listed new debt securities issued by Keertana Finserv Limited on a private placement basis with effect from November 27, 2025. The issuance consists of 5,000 non-convertible debentures with a face value of Rs. 10,000 each, totaling Rs. 50 crore. The securities carry an interest rate of 11.40% per annum with monthly interest payments and will mature on October 24, 2027.

Key Points

  • Scrip Code: 977241, Scrip ID: 1140KRFL27
  • ISIN: INE0NES07287 (Further listings under same ISIN)
  • Quantity: 50,000 units (5,000 debentures)
  • Face Value: Rs. 10,000 per debenture
  • Issue Price: Rs. 10,006.25
  • Credit Rating: IND BBB+/Stable
  • Market Lot: 1 unit
  • Trading in dematerialized form only
  • Tick size: 1 paise
  • No put/call option available

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Clarifications can be obtained from BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 26, 2025
  • Listing Date: November 27, 2025
  • Interest Payment Period: November 24, 2025 to October 24, 2027 (Monthly)
  • Redemption Date: October 24, 2027

Impact Assessment

This listing has minimal market impact as it is a private placement of debt securities by Keertana Finserv Limited. The notification is primarily informational for trading members to facilitate trading on the BSE Debt segment. The BBB+ credit rating indicates moderate credit quality with adequate capacity to meet financial commitments.

Impact Justification

Routine debt securities listing on private placement basis with limited market impact, primarily informational for trading members