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Corporate Action30 Oct 2026, 01:03 pm

Regency Fincorp Allots ₹40 Cr NCDs on Private Placement

AI Summary

Regency Fincorp Limited announced the outcome of its Allotment Committee meeting held on October 30, 2026. The committee approved the allotment of 40,000 listed, rated, secured, redeemable Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 40 Crores. These NCDs, carrying a 12% coupon rate, were issued on a private placement basis to identified investors including Turquoise Capital and Investments, Blue Ashva Mangalam Large Value Fund-I, and others. The NCDs have a tenor of 18 months, with a maturity date of April 30, 2028. The issuance is secured with a 1.25x security cover ratio.

Key Highlights

  • Allotment of 40,000 NCDs worth ₹40 Crores approved.
  • NCDs carry a 12% coupon rate and 18-month tenor.
  • Issuance completed on a private placement basis.
  • NCDs are listed, rated, secured, and redeemable.
  • Security cover ratio of 1.25x established.