
Clarification19 Aug 2026, 01:35 pm
Regency Fincorp Corrects NCD Issuance Details
AI Summary
Regency Fincorp Limited has issued a corrigendum clarifying the details of its previously approved board meeting on August 17, 2026. The company corrected the number of Secured, Rated, Listed, Taxable, Transferable, Redeemable, Non-Convertible Debentures (NCDs) to be issued on a private placement basis from 35,000 to 50,000, with the aggregate amount revised from ₹35 Crores to ₹50 Crores. The issuance comprises a base issue of 25,000 NCDs and a Green Shoe Option of 25,000 NCDs, each with a face value of ₹10,000. The NCDs will have a tenure of 36 months, an interest rate of 13% per annum payable monthly, and a specific repayment schedule. All other terms remain unchanged.
Key Highlights
- Regency Fincorp corrects NCD issuance from 35,000 to 50,000 units.
- Total NCD issuance value revised to ₹50 Crores from ₹35 Crores.
- NCDs to be issued on private placement basis with 13% annual interest.
- Repayment structured over the last 5 months of the 36-month tenure.
- Corrigendum clarifies details from August 17, 2026, board meeting.
Price Impact
More from REGENCY