
Loan & Debt23 Jul 2026, 11:17 am
Regency Fincorp Allots ₹40 Cr NCDs on Private Placement
AI Summary
Regency Fincorp Ltd announced the outcome of its Allotment Committee meeting held on July 23, 2026. The committee approved the allotment of 40,000 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹40 Crores. These NCDs were issued on a private placement basis to identified investors, including RNB CORPORATE SERVICES PRIVATE LIMITED and L C CAPITAL INDIA PRIVETE LIMITED. The NCDs carry a coupon rate of 14% and have a tenor of 12 months and 5 days, with redemption due on July 28, 2027. The issuance is secured by a hypothecation over receivables.
Key Highlights
- Allotment of 40,000 NCDs approved.
- Total issue size amounts to ₹40 Crores.
- NCDs carry a 14% coupon rate.
- Private placement to identified investors.
- Redemption scheduled for July 28, 2027.
Price Impact
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