Loan & Debt17 Aug 2026, 06:50 pm
Regency Fincorp Approves ₹35 Cr NCD Issuance
AI Summary
Regency Fincorp Ltd's Board of Directors has approved the issuance of Listed Rated Secured Non-Convertible Debentures (NCDs) aggregating to ₹35 crore. The issuance will be on a private placement basis, comprising a base issue of ₹20 crore and a Green Shoe Option of ₹15 crore. The NCDs will have a face value of ₹10,000 each, a tenure of 36 months, and an interest rate of 13% per annum, payable monthly. Catalyst Trusteeship Limited has been appointed as the Trustee, and Horizon Management Pvt Ltd as the Merchant Banker for this issuance. The NCDs are proposed to be listed on BSE Limited.
Key Highlights
- Board approved issuance of ₹35 crore Secured Non-Convertible Debentures.
- NCDs to be listed on BSE with a 13% annual interest rate.
- Tenure of the debentures is 36 months from the allotment date.
- Catalyst Trusteeship appointed as Trustee.
- Horizon Management appointed as Merchant Banker.
Price Impact
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