Description
KEERTANA FINSERV LIMITED has fixed record date for part redemption of non-convertible debentures with reduced face value effective January 15, 2026.
Summary
KEERTANA FINSERV LIMITED has announced part redemption of its non-convertible debentures (ISIN: INE0NES07170, Code: 976653, Series: KFL-11.30%-30-01-27-PVT). Trading in these debentures will be conducted with a reduced face value effective January 15, 2026, following the record date set for the same day.
Key Points
- Debenture series: KFL-11.30%-30-01-27-PVT (ISIN: INE0NES07170)
- Scrip code: 976653
- Record date for part redemption: January 15, 2026
- Reduced face value: Rs. 57,142.87 per debenture
- Trading with reduced face value effective from: January 15, 2026
- Settlement number: DR-799/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification.
Compliance Requirements
- Trading members must note that trading in the debentures will be conducted with the reduced face value of Rs. 57,142.87 per debenture from the effective date
- Members should update their systems to reflect the reduced face value for settlement purposes
Important Dates
- Record Date: January 15, 2026
- Effective Date for Reduced Face Value: January 15, 2026
- Settlement Number: DR-799/2025-2026
- Circular Issue Date: January 07, 2026
Impact Assessment
This part redemption affects holders of KEERTANA FINSERV LIMITED’s non-convertible debentures (Series KFL-11.30%-30-01-27-PVT). The operational impact is limited to updating trading systems to reflect the reduced face value. Market impact is minimal as this is a private placement debenture with limited secondary market activity. Debenture holders as of the record date will receive partial redemption, and subsequent trading will reflect the reduced principal amount.
Impact Justification
Routine corporate action affecting specific debenture holders of a private company with limited market-wide impact