Regency Fincorp Allots ₹65 Cr NCDs on Private Placement

Regency Fincorp Limited has approved the allotment of 65,000 Secured Rated Redeemable Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 65,00,00,000 (₹65 Crore). These 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 listed on BSE Limited and are secured against identified MSME Secured Loan receivables and CashMySalary digital receivables, maintaining a minimum security cover ratio of 125%.