Description

BSE announces listing and admission to dealings of new debt securities (Scrip Code: 977241) issued by Keertana Finserv Limited on private placement basis, effective November 27, 2025.

Summary

BSE has listed and admitted new debt securities issued by Keertana Finserv Limited on private placement basis to the BSE Debt segment effective November 27, 2025. The securities (Scrip Code: 977241, ISIN: INE0NES07287) have a face value of Rs. 10,000, carry an interest rate of 11.40% p.a. with monthly interest payments, and mature on October 24, 2027.

Key Points

  • Scrip Code: 977241
  • Scrip ID: 1140KRFL27
  • Detail Name: KRFL-11.40%-24-10-27-PVT
  • ISIN Number: INE0NES07287 (Further Listings under same ISIN)
  • Quantity: 50,000 securities
  • Market Lot: 1
  • Face Value: Rs. 10,000.00
  • Issue Price: Rs. 10,006.25
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.40% p.a. (paid monthly)
  • Securities will trade only in dematerialized form
  • Tick size: 1 paise
  • No Put/Call options available

Regulatory Changes

No regulatory changes. This is a standard listing announcement for new debt securities on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07287
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
  • For clarifications, trading members may contact the debt department at 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)
  • Date of Redemption: October 24, 2027

Impact Assessment

This circular has minimal market-wide impact as it announces a routine listing of privately placed debt securities. The impact is limited to:

  • Debt market participants and institutional investors interested in BBB+ rated securities
  • Investors seeking monthly income instruments with 11.40% p.a. returns
  • Trading members dealing in debt securities who need to update their systems with the new scrip details

The securities are privately placed with a relatively small issue size (50,000 units), limiting broader market implications.

Impact Justification

Routine debt security listing announcement for private placement bonds with limited market-wide impact, relevant primarily to debt market participants and investors in Keertana Finserv.