Loan & Debt4 Sept 2026, 05:50 pm
Regency Fincorp Plans ₹75 Cr NCD Issuance
AI Summary
Regency Fincorp Ltd announced its Board of Directors has approved the issuance of 75,000 Secured, Rated, Listed, Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹75 Crores. The issuance will be on a private placement basis, comprising a base issue of ₹25 Crores and a Green Shoe Option of ₹50 Crores. The NCDs will have a tenure of 30 months, an interest rate of 13.00% per annum payable monthly, and will be listed on BSE Limited. Catalyst Trusteeship Limited has been appointed as the Trustee, and Horizon Management Private Limited as the Merchant Banker.
Key Highlights
- Board approves issuance of ₹75 Cr Secured, Rated, Listed NCDs.
- NCDs to be issued via private placement with a Green Shoe Option.
- Interest rate set at 13.00% per annum, payable monthly.
- Tenure of the NCDs is 30 months.
- Catalyst Trusteeship and Horizon Management appointed for the issuance.
Price Impact
More from REGENCY