Description
KEERTANA FINSERV LIMITED has fixed Record Date of 02/01/2026 for Part Redemption of Debentures and Payment of Interest with reduced face value of Rs. 12,500 per Debenture.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its Non-Convertible Debentures (NCD) along with interest payment. The record date has been fixed as January 2, 2026, and trading in the debentures will commence with a reduced face value of Rs. 12,500 per debenture from the same date.
Key Points
- ISIN: INE0NES07097 (Code: 975591)
- Coupon Rate: 11.40%
- Maturity: April 12, 2026
- Record Date: January 2, 2026
- Reduced Face Value: Rs. 12,500 per Debenture
- Effective Date: January 2, 2026
- Settlement Number: DR-790/2025-2026
- Segment: Debt
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notice.
Compliance Requirements
- Trading Members must note that trading in the debentures will be conducted with the reduced face value effective from January 2, 2026
- All transactions from the effective date onwards must reflect the new face value of Rs. 12,500 per debenture
Important Dates
| Date | Event |
|---|---|
| January 2, 2026 | Record Date for Part Redemption and Interest Payment |
| January 2, 2026 | Effective Date for Reduced Face Value Trading |
Impact Assessment
Debenture Holders: Existing debenture holders will receive partial redemption proceeds and interest payment. The face value of their holdings will be reduced to Rs. 12,500 per debenture.
Market Impact: Limited to debenture holders of KEERTANA FINSERV LIMITED only. No broader market implications expected as this is a routine corporate action for a single debt instrument.
Impact Justification
Routine corporate action affecting single company's debenture holders only, limited market-wide impact