
Corporate Action26 Jun 2026, 06:20 pm
Regency Fincorp Converts Warrants, Increases Capital
AI Summary
Regency Fincorp Ltd announced the outcome of its Allotment Committee meeting held on June 26, 2026. The committee approved the conversion of 28,12,120 share warrants into equity shares at ₹22 each, raising ₹4,63,99,980. This conversion increases the company's issued and paid-up capital to ₹88,84,60,700, comprising 8,88,46,070 equity shares of ₹10 each. The newly allotted shares will rank pari-passu with existing shares. The company also noted that 24,16,669 warrants remained unconverted and have ceased to be eligible for conversion, liable for forfeiture.
Key Highlights
- Approved conversion of 28,12,120 warrants into equity shares.
- Raised ₹4.64 Cr from warrant conversion.
- Increased issued and paid-up capital to ₹88.85 Cr.
- 24,16,669 warrants expired and are subject to forfeiture.
- New equity shares rank pari-passu with existing shares.
Price Impact
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