Regency Fincorp Allots ₹50 Cr NCDs on Private Placement

Regency Fincorp Limited has approved the allotment of 50,000 Listed, Rated, Secured, Redeemable Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 50 Crores. The allotment was made on a private placement basis to identified investors, including MAS FINANCIAL SERVICES LIMITED, BEST CAPITAL SERVICES LIMIED, and MUFIN GREEN FINANCE LIMITED. These NCDs carry a coupon rate of 12% per annum and have a tenor of 15 months, with redemption on December 22, 2027. The issuance is secured by hypothecated assets, primarily comprising secured MSME loan receivables and CashMySalary digital loan receivables.