Regency Fincorp Revises Board Outcome, Allots ₹10 Cr NCDs

Regency Fincorp Ltd has revised the outcome of its Board Meeting held on June 2, 2026, to include the meeting's commencement time. The board approved the private placement allotment of 1,000 Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹10 Crores. These NCDs carry a coupon rate of 15% and have a tenor of 19 months, with maturity on January 1, 2028. The allotment is to identified investors, including LC Venture Debt Fund. The NCDs are secured by a 1.25x exclusive charge over receivables and a pari-passu charge over other assets.