StockWatch
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Other Financial Services
Board Meeting16 Oct 2026, 12:16 pm

Regency Fincorp: Board Approves Preferential Issue, Capital Increase

AI Summary

Regency Fincorp Ltd's Board of Directors met on October 16, 2026, approving key corporate actions. The board set October 12, 2026, as the relevant date for a proposed preferential issue of equity shares and warrants. They also approved an increase in authorized share capital from ₹95 Crore to ₹152 Crore, subject to shareholder approval. Additionally, the company will issue 1,42,66,412 equity shares at ₹50.50 each and 4,75,46,030 warrants at ₹50.50 each, aggregating ₹72.04 Crore and ₹240.11 Crore respectively, via preferential allotment. These decisions are subject to shareholder approval at the upcoming EGM.

Key Highlights

  • Board approved preferential issue of equity shares and warrants.
  • Authorized share capital increased from ₹95 Crore to ₹152 Crore.
  • Issuance of 1.42 Crore equity shares at ₹50.50 per share.
  • Issuance of 4.75 Crore warrants at ₹50.50 per warrant.
  • Decisions subject to shareholder approval at forthcoming EGM.