Regency Fincorp Ltd — Updates, 26-07-2025: Company Update
26-07-2025 | 06:41 pm
26-07-2025 | 06:41 pm
Regency Fincorp's Board approved its Q1 financial results, reporting a significant jump in profit after tax to Rs. 3.16 Cr from Rs. 0.54 Cr year-on-year, with total income rising to Rs. 9.34 Cr. The company has also announced plans to issue 50 units of unlisted, secured, redeemable Non-Convertible Debentures (NCDs) totaling Rs. 5 Cr. These NCDs will have a 15% annual interest rate, paid monthly, and principal repaid over 15 months, secured by receivables and a charge over other company assets. Additionally, the Board decided to call the remaining 75% payment on convertible share warrants issued last December, aiming to inject more capital.
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