Regency Fincorp Approves ₹40 Cr NCD Issuance

Regency Fincorp Limited's Board of Directors has approved the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating up to ₹40 crore on a private placement basis. This move aims to strengthen the company's capital base and support its focus on secured lending and portfolio growth. The issuance includes a base issue of ₹20 crore and a green shoe option of ₹20 crore. Key appointments for the issuance include Catalyst Trusteeship Limited as Debenture Trustee, Credora Partners Private Limited as Merchant Banker, and Infomerics Valuation and Rating Limited as Credit Rating Agency. The company stated this issuance reflects confidence in its governance and credit discipline, supporting its mission to expand credit access for MSMEs and underserved borrowers.