Description
Trading suspended for KFL-11.05%-20-2-26-PVT debentures (INE0NES07089) from February 10, 2026 due to scheduled redemption and interest payment with record date on the same day.
Summary
BSE has announced the suspension of trading in non-convertible debentures of KEERTANA FINSERV LIMITED (Code: 975395, ISIN: INE0NES07089) effective February 10, 2026. The suspension is implemented due to the company fixing the record date for redemption of debentures and payment of interest on the same date. Trading members are strictly advised not to deal in these debentures from the specified date.
Key Points
- Debenture series affected: KFL-11.05%-20-2-26-PVT (ISIN: INE0NES07089)
- BSE code: 975395
- Record date: February 10, 2026
- Trading suspension starts: February 10, 2026
- Purpose: Redemption of debentures and payment of interest
- Notice reference: DR-817/2025-2026
- Issuer: Keertana Finserv Limited
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action procedure where trading is suspended to facilitate orderly redemption and interest payment processing.
Compliance Requirements
- Trading members must not deal in the specified debentures from February 10, 2026
- Trading members must inform their clients holding these debentures about the suspension
- No buy or sell orders should be accepted for ISIN INE0NES07089 from the suspension date
- Members must ensure their systems prevent inadvertent trading in suspended securities
Important Dates
- January 30, 2026: Circular issued by BSE
- February 10, 2026: Record date for redemption and interest payment
- February 10, 2026: Trading suspension effective date (no dealings permitted from this date)
Impact Assessment
Investor Impact: Debenture holders will receive their principal redemption amount plus accrued interest based on the February 10, 2026 record date. Investors must ensure their holdings are dematerialized and records are updated before the record date to receive payments.
Trading Impact: Complete halt in secondary market trading for this debenture series. Any investors wishing to exit their positions must do so before February 10, 2026.
Operational Impact: Trading members must update their systems to block trading in this security and communicate the suspension to affected clients. Compliance teams should verify that no transactions occur post-suspension date.
Impact Justification
Complete trading suspension for debenture holders due to imminent redemption. Trading members must cease dealings immediately to protect investors during corporate action.