AGM/EGM11 Nov 2026, 04:50 pm
Regency Fincorp Approves Equity & Warrant Issuance
AI Summary
Regency Fincorp Ltd's shareholders approved the issuance of 14,266,412 equity shares at ₹50.50 per share and 47,546,030 warrants at ₹50.50 per warrant. The preferential issue of equity shares aims to raise ₹72.04 crore, while the warrants are expected to raise ₹240.11 crore upon conversion. Additionally, the company approved the 'Regency Fincorp Limited- Employee Stock Option Scheme 2026' (ESOP 2026). The company also increased its authorized share capital from ₹95 crore to ₹152 crore.
Key Highlights
- Shareholders approved preferential issue of equity shares and warrants.
- Total funds to be raised from equity and warrants exceed ₹312 crore.
- Company approved the formulation of an Employee Stock Option Scheme (ESOP 2026).
- Authorized share capital increased from ₹95 crore to ₹152 crore.
Price Impact
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