Description

KEERTANA FINSERV LIMITED has fixed a record date of January 15, 2026 for part redemption of non-convertible debentures with reduced face value of Rs. 57,142.87 per debenture.

Summary

KEERTANA FINSERV LIMITED has announced a part redemption of its non-convertible debentures (ISIN: INE0NES07170, Code: 976653). The company has fixed January 15, 2026 as the record date for determining eligible debenture holders. Following the part redemption, trading will commence with a reduced face value of Rs. 57,142.87 per debenture effective from January 15, 2026 under settlement number DR-799/2025-2026.

Key Points

  • Issuer: KEERTANA FINSERV LIMITED
  • Security Code: KFL-11.30%-30-01-27-PVT (976653)
  • ISIN: INE0NES07170
  • Corporate Action: Part Redemption of Non-Convertible Debentures
  • Record Date: January 15, 2026
  • New Reduced Face Value: Rs. 57,142.87 per debenture
  • Effective Date: January 15, 2026
  • Settlement Number: DR-799/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for part redemption of debt securities.

Compliance Requirements

  • Trading Members must note the reduced face value effective from January 15, 2026
  • All trades in these debentures from the effective date onwards will be at the reduced face value
  • Trading Members should update their systems to reflect the new face value

Important Dates

  • Circular Date: January 7, 2026
  • Record Date: January 15, 2026
  • Effective Date for Reduced Face Value: January 15, 2026
  • Settlement Number: DR-799/2025-2026

Impact Assessment

Operational Impact: Trading Members need to ensure their systems are updated to reflect the reduced face value from January 15, 2026. This is a routine operational adjustment for debt market participants.

Market Impact: Limited to holders of this specific debenture series. The part redemption returns capital to debenture holders while reducing the outstanding face value of the instrument. No broader market implications expected.

Investor Impact: Debenture holders on the record date will receive partial redemption proceeds. Continued trading will occur at the reduced face value, which may affect pricing calculations and yield computations.

Impact Justification

Routine corporate action affecting debt instrument holders with specific record date and reduced face value. Material for debenture holders but limited broader market impact.