Loan & Debt23 Sept 2026, 05:50 pm
Regency Fincorp Approves ₹3.5 Cr NCD Issuance
AI Summary
Regency Fincorp Ltd's Board of Directors has approved the issuance of 350 Secured, Rated, Listed, Non-Convertible Debentures (NCDs) with a face value of ₹100,000 each, aggregating to ₹3.5 Crores. The NCDs will be issued on a private placement basis and will carry a coupon rate of 1.00% per annum, payable on maturity. The tenure of the instrument is 18 months from the date of allotment. Catalyst Trusteeship Limited has been appointed as the trustee for this issuance. The NCDs will be listed on BSE Limited and will have a first-ranking pari-passu charge over all current and future assets of the company.
Key Highlights
- Board approved issuance of ₹3.5 Cr Secured, Rated, Listed NCDs.
- NCDs to be issued via private placement with 1.00% annual interest.
- Maturity period is 18 months from the date of allotment.
- Catalyst Trusteeship appointed as debenture trustee.
- NCDs will be listed on BSE Limited.
Price Impact
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