
Loan & Debt1 Oct 2026, 11:54 am
Regency Fincorp Allots ₹3.5 Cr Secured NCDs
AI Summary
Regency Fincorp Ltd has announced the successful allotment of 350 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹3,50,00,000 (₹3.5 Crore). The allotment was made on a private placement basis to identified investors on October 1, 2026. These NCDs carry a coupon rate of 1.00% and have a tenor of 18 months, with a maturity date of April 1, 2028. The NCDs are secured by the company's current and future fixed assets, including receivables and IP. A default in payment will incur an additional 2% per annum interest.
Key Highlights
- Allotment of 350 Secured NCDs worth ₹3.5 Crore completed.
- NCDs carry a 1.00% coupon rate and mature in 18 months.
- Secured by company's present and future fixed assets.
- Private placement to identified investors.
- Default interest rate is coupon rate plus 2% per annum.
Price Impact
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