StockWatch
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Other Financial Services
Board Meeting13 Oct 2026, 01:21 pm

Regency Fincorp Approves ₹45 Cr NCD Issuance

AI Summary

Regency Fincorp Ltd announced the outcome of its Board Meeting held on October 13, 2026. The board approved the issuance of 45,000 Secured, Rated, Listed, Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 45 Crores. This issuance will be on a private placement basis, comprising a base issue of INR 15 Crores and a Green Shoe Option of INR 30 Crores. The NCDs will have a tenure of 36 months, an interest rate of 13.00% per annum payable monthly, and will be listed on BSE Limited. Catalyst Trusteeship Limited has been appointed as the Trustee, and Horizon Management Pvt Ltd as the Merchant Banker for this issuance.

Key Highlights

  • Board approved issuance of ₹45 Cr Secured, Rated, Listed NCDs.
  • Issuance to be done via private placement with a Green Shoe Option.
  • NCDs carry a 13.00% annual interest rate, payable monthly.
  • Debentures will have a tenure of 36 months and be listed on BSE.
  • Catalyst Trusteeship and Horizon Management appointed for the issuance.