StockWatch
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Other Financial Services
Board Meeting31 Oct 2026, 03:31 pm

Regency Fincorp Approves ₹75 Cr NCD Issuance

AI Summary

Regency Fincorp Ltd announced the outcome of its Board Meeting held on October 31, 2026. The board approved the issuance of 75,000 Secured, Rated, Listed, Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, aggregating to INR 75,00,00,000 (INR 75 Crores). The NCDs will be issued on a private placement basis and will be listed on BSE Limited. The tenure of the instrument is 15 months from the deemed date of allotment, with an interest rate of 12.00% per annum, payable monthly, and principal repayment quarterly. The company also appointed Catalyst Trusteeship Limited as Trustee and Credora Partners Private Limited as Merchant Banker for this issuance.

Key Highlights

  • Board approved issuance of ₹75 Crores in NCDs.
  • NCDs are Secured, Rated, Listed, and Non-Convertible.
  • Issuance will be on a private placement basis.
  • Interest rate is 12.00% per annum, tenure is 15 months.
  • Catalyst Trusteeship and Credora Partners appointed.