Regency Fincorp Ltd — Board Meeting, 13-06-2025: Board Meeting
13-06-2025 | 08:11 pm
13-06-2025 | 08:11 pm
Regency Fincorp has announced a board meeting that approved the allotment of 58.7 lakh equity shares upon conversion of an equal number of warrants at Rs. 22 each, raising Rs. 9.69 Cr. These shares were issued on a preferential basis to promoters and public investors. Post-allotment, the company’s paid-up equity capital increases to Rs. 69.46 Cr, comprising approximately 6.95 crore shares of Rs. 10 each. Additionally, around 2.18 crore warrants remain outstanding for conversion with holders having 18 months to pay the balance amount. This capital raise strengthens the company’s equity base and supports future growth plans.
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