Description

Part redemption and interest payment on non-convertible debentures of KEERTANA FINSERV LIMITED with reduced face values effective from specified dates.

Summary

KEERTANA FINSERV LIMITED has announced part redemption and interest payment on two series of its non-convertible debentures. Trading in these debentures will commence with reduced face values from the specified effective dates. This is a standard corporate action affecting debenture holders with specific record dates for entitlement.

Key Points

  • Part redemption announced for two debenture series: KFL-11.3%-11-4-27-PVT and KFL-11.40%-15-1-27-PVT
  • Interest payment will be made along with part redemption
  • Trading will resume with reduced face values after redemption
  • Notice issued by Assistant Vice President - Listing Compliance and Operations

Debenture Details

Series 1: KFL-11.3%-11-4-27-PVT

  • ISIN: INE0NES07220
  • Scrip Code: 976910
  • Record Date: December 27, 2025
  • Reduced Face Value: Rs. 71,428.58 per debenture
  • Effective Date: December 26, 2025
  • Settlement Number: DR-785/2025-2026

Series 2: KFL-11.40%-15-1-27-PVT

  • ISIN: INE0NES07238
  • Scrip Code: 976915
  • Record Date: December 31, 2025
  • Reduced Face Value: Rs. 80,000 per debenture
  • Effective Date: December 31, 2025
  • Settlement Number: DR-788/2025-2026

Important Dates

  • December 23, 2025: Notice date
  • December 26, 2025: Effective date for reduced face value trading (Series 1)
  • December 27, 2025: Record date for Series 1 (INE0NES07220)
  • December 31, 2025: Record date and effective date for Series 2 (INE0NES07238)

Compliance Requirements

  • Trading members must note the reduced face values for trading purposes
  • Debenture holders on respective record dates are entitled to interest payment and part redemption
  • Trading will be conducted with reduced face values from the specified effective dates

Impact Assessment

This circular has minimal market-wide impact as it relates to specific corporate action on privately placed debentures of KEERTANA FINSERV LIMITED. The part redemption reduces the outstanding face value of the debentures, returning capital to debenture holders while maintaining the securities in trading with reduced values. Impact is limited to existing debenture holders and trading members dealing with these specific securities.

Impact Justification

Routine corporate action affecting specific debenture holders of a private limited company with limited market-wide impact