Description

BSE notifies the listing and admission to trading of new debt securities issued by Keertana Finserv Limited on private placement basis in the BSE Debt segment.

Summary

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

Key Points

  • Issuer: Keertana Finserv Limited
  • Security Type: Secured Redeemable Non-Convertible Debentures (further listings under same ISIN)
  • Quantity: 13,525 units
  • Face Value: Rs. 100,000 per unit
  • Issue Price: Rs. 99,906.30 per unit
  • Scrip Code: 976915
  • Scrip ID: 114KF27
  • ISIN: INE0NES07238
  • Credit Rating: IND BBB+/Stable
  • Interest Rate: 11.4% per annum (paid monthly)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

Regulatory Changes

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

Compliance Requirements

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

Important Dates

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

Impact Assessment

Market Impact: Low - This is a routine debt security listing with no put/call options. The securities are privately placed and will trade on the BSE Debt segment.

Investor Impact: Limited to institutional and HNI investors participating in debt markets. The securities carry a BBB+ rating indicating moderate credit quality with stable outlook.

Operational Impact: Minimal - Standard listing procedure for debt securities with established trading infrastructure.

Impact Justification

Routine listing notice for debt securities of a non-listed entity on private placement basis with limited market impact