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Corporate Action22 Sept 2026, 01:46 pm

Regency Fincorp Approves Allotment of ₹50 Cr NCDs

AI Summary

Regency Fincorp Ltd announced the outcome of its Allotment Committee meeting held on September 22, 2026. The committee approved the allotment of 50,000 Non-Convertible Debentures (NCDs) with a face value of INR 10,000 each, carrying a 12% coupon rate. The total issue size amounts to INR 50 Crores, raised on a private placement basis from identified investors including MAS FINANCIAL SERVICES LIMITED, BEST CAPITAL SERVICES LIMIED, and MUFIN GREEN FINANCE LIMITED. These NCDs are listed, secured, rated, and redeemable, with a tenor of 15 months, maturing on December 22, 2027. The issuance is secured by a charge over specific asset classes.

Key Highlights

  • Allotment of 50,000 NCDs approved by the committee.
  • Total issue size of Non-Convertible Debentures is ₹50 Crores.
  • NCDs carry a 12% coupon rate and mature in 15 months.
  • Private placement made to identified investors.
  • NCDs are listed, secured, and rated.