Description
Keertana Finserv Limited has fixed a record date of 08 March 2026 for part redemption and interest payment on its Non-Convertible Debentures, with trading to continue at a reduced face value of Rs.75,000 per debenture effective 06 March 2026.
Summary
BSE has notified trading members that Keertana Finserv Limited has fixed a record date for part redemption and interest payment on its Non-Convertible Debentures (NCD). From the effective date, trading in these debentures will occur at a reduced face value of Rs.75,000 per debenture under settlement DR-834/2025-2026.
Key Points
- Company: Keertana Finserv Limited
- Debenture Series: KFL-11.4%-23-6-28-PVT (ISIN: INE0NES07212, Scrip Code: 976823)
- Record Date: 08 March 2026
- Purpose: Part Redemption of Non-Convertible Debentures and Payment of Interest
- Reduced Face Value: Rs.75,000 per debenture
- Effective Date for Reduced Face Value: 06 March 2026
- Settlement Number: DR-834/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification under existing BSE debt market operational guidelines governing part redemption of listed debentures.
Compliance Requirements
- Trading members must note the reduced face value of Rs.75,000 per debenture effective 06 March 2026.
- All trades in ISIN INE0NES07212 from the effective date onward must reflect the reduced face value.
- Members should update their systems to reflect the new face value under settlement DR-834/2025-2026.
Important Dates
| Event | Date |
|---|---|
| Notice Date | 23 February 2026 |
| Effective Date (Reduced Face Value) | 06 March 2026 (DR-834/2025-2026) |
| Record Date | 08 March 2026 |
Impact Assessment
Impact is limited to holders and traders of the specific NCD series KFL-11.4%-23-6-28-PVT issued by Keertana Finserv Limited. This is a privately placed instrument with a narrow investor base. The reduction in face value reflects a partial principal repayment, which is a routine event for amortising debentures. Broader market impact is negligible.
Impact Justification
Routine part redemption of privately placed NCDs for a single issuer; affects only holders of this specific debenture series with a well-defined reduced face value and settlement schedule.