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Loan & Debt11 Aug 2026, 12:29 pm

Regency Fincorp Allots ₹30 Cr Non-Convertible Debentures

AI Summary

Regency Fincorp Ltd announced the outcome of its Allotment Committee meeting held on August 11, 2026. The committee approved the allotment of 30,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹30 Crores. These NCDs are listed, secured, rated, and redeemable, issued on a private placement basis to identified investors, including AMBIUM FINSERVE PRIVATE LIMITED and WINTWEALTH DEBT FUND. The NCDs carry a coupon rate of 14% and have a tenor of 12 months and 5 days, with redemption scheduled for August 16, 2027. The issuance is secured by a first-ranking charge over the company's assets.

Key Highlights

  • Allotment of 30,000 NCDs worth ₹30 Crores approved.
  • NCDs carry a 14% coupon rate and mature in August 2027.
  • Issuance is on a private placement basis to specific investors.
  • NCDs are listed, secured, rated, and redeemable.
  • Secured by a first-ranking charge over company assets.