Description

KEERTANA FINSERV LIMITED has fixed record date for payment of interest and part redemption of non-convertible debentures with reduced face value effective January 2, 2026.

Summary

KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE0NES07097) along with interest payment. The record date is set for January 2, 2026, and trading in these debentures will commence with reduced face value from the same date.

Key Points

  • Company: KEERTANA FINSERV LIMITED
  • Security Code: 975591 (KFL-11.40%-12-4-26-PVT)
  • ISIN: INE0NES07097
  • Record Date: January 2, 2026
  • Purpose: Part redemption of debentures and payment of interest
  • Reduced face value: Rs. 12,500 per debenture
  • Effective date: January 2, 2026
  • Settlement Number: DR-790/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notice for debt securities.

Compliance Requirements

  • Trading members must note that trading in the debentures will be conducted with reduced face value of Rs. 12,500 per debenture effective from January 2, 2026
  • All trades executed on or after the effective date must reflect the new reduced face value
  • Members should update their systems accordingly to reflect the face value reduction

Important Dates

  • Record Date: January 2, 2026 - For determining debenture holders eligible for interest payment and part redemption
  • Effective Date: January 2, 2026 - Trading commences with reduced face value
  • Notice Date: December 31, 2025

Impact Assessment

Market Impact: Low - This is a company-specific corporate action affecting only holders of KEERTANA FINSERV LIMITED’s non-convertible debentures.

Investor Impact: Medium for debenture holders - Investors holding these debentures will receive partial redemption proceeds and interest payment. The face value reduction will be reflected in trading from the effective date.

Operational Impact: Low - Trading members need to update their systems to reflect the reduced face value for accurate trade processing and settlement in the debt segment.

Impact Justification

Routine corporate action affecting specific debenture holders of a single company. Limited market-wide impact as it concerns private placement debt securities.