Board Meeting9 Sept 2026, 07:10 pm
Regency Fincorp Approves ₹50 Cr NCD Issue, ESOPs
AI Summary
Regency Fincorp Ltd's Board of Directors met on September 9, 2026, to approve the issuance of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) aggregating ₹50 crore. The issuance includes a base issue of ₹30 crore and a green shoe option of ₹20 crore, with a tenure of 15 months. Catalyst Trusteeship Limited has been appointed as the trustee, and Credora Partners Private Limited as the merchant banker for this NCD issuance. The board also considered proposals for Employee Stock Options (ESOPs) and raising funds through equity shares, warrants, or Compulsory Convertible Debentures (CCDs).
Key Highlights
- Board approved issuance of ₹50 crore NCDs on private placement.
- NCDs to be listed on BSE with a tenure of 15 months.
- Catalyst Trusteeship appointed as trustee for NCD issuance.
- Credora Partners appointed as merchant banker for NCD issuance.
- Board considered ESOPs and potential equity/warrant fundraising.
Price Impact
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