StockWatch
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Other Financial Services
ESOP11 Nov 2026, 05:02 pm

Regency Fincorp Approves ESOP 2026, Capital Increase, and Preferential Issues

AI Summary

Regency Fincorp Limited's shareholders approved the formulation and implementation of the Employee Stock Option Scheme 2026 (ESOP 2026). The company also received approval to increase its authorized share capital from ₹95 Crore to ₹152 Crore. Furthermore, shareholders approved a preferential issue of 1,42,66,412 equity shares at ₹50.50 per share, aggregating to ₹72.04 Crore, and the issuance of 4,75,46,030 warrants convertible into equity shares at ₹50.50 per warrant, aggregating to ₹240.10 Crore. These approvals were granted at the 2nd Extra-Ordinary General Meeting held on November 11, 2026.

Key Highlights

  • ESOP 2026 scheme approved by shareholders.
  • Authorized share capital increased to ₹152 Crore.
  • Preferential issue of equity shares worth ₹72.04 Crore approved.
  • Warrants convertible into equity shares worth ₹240.10 Crore approved.
  • Approvals obtained at the EGM held on November 11, 2026.