Regency Fincorp Allots ₹65 Cr NCDs

Regency Fincorp Limited announced the allotment of 65,000 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 65,00,00,000 (INR 65 Crore). The NCDs carry a coupon rate of 12% per annum and have a tenor of 18 months, with redemption due on April 9, 2028. The allotment was made on a private placement basis to identified investors including MANBA FINANCE LIMITED, SUNRISE GILTS AND SECURITIES PRIVATE LIMITED, LC CAPITAL INDIA PRIVATE LIMITED, and ASPERO MARKETS PRIVATE LIMITED. The NCDs are secured against identified MSME Secured Loan receivables and CashMySalary digital receivables.