Description
BSE announces listing of new non-convertible debentures issued by Keertana Finserv Limited on private placement basis with effect from December 5, 2025.
Summary
BSE has listed new debt securities (Non-Convertible Debentures) of Keertana Finserv Limited issued on private placement basis. The securities are admitted for trading on the BSE Debt segment effective December 5, 2025. The NCDs carry an 11.40% p.a. interest rate with monthly interest payments and maturity on May 12, 2027.
Key Points
- Scrip Code: 977029
- Scrip ID: 1140KFL27A
- ISIN: INE0NES07253 (Further listing under same ISIN)
- Quantity: 5,250 units
- Face Value: Rs. 100,000 per unit
- Issue Price: Rs. 99,750.14
- Interest Rate: 11.40% per annum
- Credit Rating: IND BBB+/Stable
- Market Lot: 1
- Date of Allotment: December 4, 2025
- Trading only in dematerialized form
- Tick size: 1 paise
- No put/call options available
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE0NES07253
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for further details
- Contact BSE debt department on 22728352/8597/8995/5753/8915 for clarifications
Important Dates
- Allotment Date: December 4, 2025
- Listing Date: December 5, 2025
- First Interest Payment: January 12, 2026
- Interest Payment Frequency: Monthly from January 12, 2026 to May 12, 2027
- Redemption Date: May 12, 2027
Impact Assessment
This is a routine debt security listing with minimal market impact. The listing affects only investors and trading members dealing in debt securities of Keertana Finserv Limited. The private placement nature limits the broader market impact. The BBB+ credit rating indicates moderate creditworthiness with stable outlook.
Impact Justification
Routine debt security listing announcement for private placement NCDs with no broad market impact