ALPHA TRIBE

Regency Fincorp LtdUpdates, 26-07-2025: Company Update

26-07-2025 | 06:38 pm

Regency Fincorp has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a profit after tax of Rs. 3.16 Cr on a total income of Rs. 9.34 Cr. The Board also approved the issuance of 50 unlisted, secured Non-Convertible Debentures (NCDs) amounting to Rs. 5 Cr. These NCDs carry a 15% annual interest, payable monthly, and are repayable in 15 equal installments over 15 months. Furthermore, the company decided to call for the remaining 75% payment on previously allotted convertible share warrants. Funds from warrant conversions, already at Rs. 9.68 Cr, are utilized for working capital and general corporate purposes.

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