Regency Fincorp Allots ₹60 Cr NCDs on Private Placement

Regency Fincorp Ltd has approved the allotment of 60,000 Listed Rated Secured Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹60 Crores. The NCDs carry a coupon rate of 13.50% and have a tenor of 15 months, with redemption due on November 19, 2027. The allotment was made on a private placement basis to identified investors including RNB Corporate Services Private Limited, LC Capital India Private Limited, Gripvest Asset Lix LLP, and Blue Ashva Mangalam Large Value Fund-I. The NCDs are secured and listed on BSE Limited. Interest will be paid monthly, and principal will be repaid quarterly.