Description

BSE announces listing of 2,500 secured non-convertible debentures of Kanakadurga Finance Limited with 11.55% interest rate, maturing on November 28, 2027.

Summary

BSE has listed new debt securities of Kanakadurga Finance Limited issued on a private placement basis, effective December 2, 2025. The listing comprises 2,500 secured non-convertible debentures with a face value of Rs. 1,00,000 each, carrying an interest rate of 11.55% per annum with monthly interest payments. The securities are rated CARE BBB/STABLE and will mature on November 28, 2027.

Key Points

  • Quantity: 2,500 debentures listed on BSE Debt segment
  • Scrip Code: 977333 | Scrip ID: 1155KFL27
  • ISIN: INE104W07229
  • Face Value/Issue Price: Rs. 1,00,000 per debenture
  • Interest Rate: 11.55% per annum (paid monthly)
  • Credit Rating: CARE BBB/STABLE
  • Date of Allotment: November 28, 2025
  • Maturity Date: November 28, 2027
  • Market Lot: 1 debenture
  • Tick Size: 1 paise
  • No Put/Call options available
  • Trading only in dematerialized form

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE104W07229
  • Members should refer to the Placement Memorandum available at BSE’s debt memorandum section for detailed terms
  • Clarifications can be obtained from BSE’s debt department at contact numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: December 2, 2025
  • Allotment Date: November 28, 2025
  • Interest Payment: Monthly basis
  • Redemption Date: November 28, 2027

Impact Assessment

Market Impact: Minimal. This is a routine private placement debt listing of a finance company with limited quantity (2,500 debentures). The securities are not expected to have significant trading volume or market-wide implications.

Investor Impact: Relevant only for institutional investors or HNIs who participated in the private placement. The CARE BBB/STABLE rating indicates adequate credit quality with moderate credit risk. The 11.55% yield reflects the rating profile and current market conditions for similar securities.

Operational Impact: None for general market participants. Only trading members dealing in debt securities need to note the listing details and trading parameters.

Impact Justification

Routine debt security listing announcement for private placement debentures of a non-listed finance company with no broader market implications.