Description

BSE announces listing of secured redeemable non-convertible debentures of Keertana Finserv Limited issued on private placement basis with 11.4% p.a. interest rate.

Summary

BSE has listed new debt securities of Keertana Finserv Limited on the BSE Debt segment effective December 16, 2025. The securities were issued on private placement basis with a quantity of 13,525 units, face value of Rs. 100,000 per unit, and carry an interest rate of 11.4% per annum with monthly interest payments.

Key Points

  • Scrip Code: 976915
  • Scrip ID: 114KF27
  • Detail Name: KFL-11.40%-15-1-27-PVT
  • ISIN Number: INE0NES07238 (further listing under same ISIN)
  • Quantity: 13,525 units
  • Market Lot: 1
  • Face Value: Rs. 100,000.00
  • Paid-up Value: Rs. 99,906.30
  • Issue Price: Rs. 99,906.30
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.4% per annum (monthly payments)
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE0NES07238
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 12, 2025
  • Listing Date: December 16, 2025
  • Interest Payment Period: Monthly from January 15, 2026 to January 15, 2027
  • Date of Redemption: January 15, 2027

Impact Assessment

This is a routine debt security listing with minimal market-wide impact. The listing affects only investors and trading members dealing in debt securities of Keertana Finserv Limited. The BBB+ credit rating indicates moderate credit quality with adequate capacity to meet financial commitments. The 13-month maturity period and monthly interest payment structure provides short-term investment opportunities in the debt market.

Impact Justification

Routine debt security listing on private placement basis affecting only specific debt investors in Keertana Finserv Limited debentures