Regency Fincorp Ltd — Updates, 13-06-2025: Company Update
13-06-2025 | 08:17 pm
13-06-2025 | 08:17 pm
Regency Fincorp Limited has announced a board meeting approving the allotment of 58.7 lakh equity shares upon conversion of outstanding warrants at Rs. 22 each, aggregating to Rs. 9.69 Cr. These shares were allotted to promoters, promoter group, and public investors on a preferential basis. Following this, the company’s paid-up capital has increased to Rs. 69.46 Cr, comprising 6.95 crore equity shares of Rs. 10 each. Additionally, around 2.18 crore warrants remain outstanding, convertible within 18 months on payment of the balance amount. This equity infusion supports the company’s capital base and growth plans.
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