ALPHA TRIBE

Regency Fincorp LtdUpdates, 11-08-2025: Company Update

11-08-2025 | 08:29 pm

Regency Fincorp's board has re-approved Mr. Gaurav Kumar as Managing Director for three years, effective August 25, 2025, with monthly remuneration up to 0.035 Cr. The board also ratified Mr. Sarfaraz Mallick's Executive Director term and approved increased pay for both Mr. Mallick and Whole-time Director Mr. Vishal Rai Sarin. Additionally, revised borrowing limits were approved. All these decisions are subject to shareholder approval at the 32nd Annual General Meeting, scheduled for September 3, 2025. The company also noted BSE's recent listing approval for 5,870,150 equity shares.

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