Regency Fincorp Corrects NCD Issuance Details
Regency Fincorp Limited has submitted a corrigendum to the outcome of its Board Meeting held on July 20, 2026. The correction pertains to discrepancies in Point No. 5 (Size of the Issue) and Point No. 7 (Merchant Banker Appointment) of the original outcome. The company proposes to issue 40,000 Secured, Listed, Rated, Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹40 Crore on a private placement basis. This includes a Base Issue of 15,000 NCDs aggregating ₹15 Crore and a Green Shoe Option of 25,000 NCDs aggregating ₹25 Crore. Horizon Management India Private Limited has been appointed as the Merchant Banker for this issuance. The NCDs are proposed to be listed on BSE Limited and have a tenure of 30.
Key Highlights
- Corrigendum issued for Board Meeting outcome dated July 20, 2026.
- Proposed issuance of 40,000 NCDs aggregating ₹40 Crore.
- NCDs to be issued on a private placement basis.
- Horizon Management appointed as Merchant Banker.
- NCDs proposed to be listed on BSE Limited.
Price Impact
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