Regency Fincorp Ltd — Important, 17-02-2026: Company Update
17-02-2026 | 07:54 pm
17-02-2026 | 07:54 pm
Regency Fincorp's board has approved issuing Secured, Rated, Listed, Non-Convertible Debentures (NCDs) aggregating ₹75 Crore via private placement. The first tranche will be ₹50 Crore. This move aims to raise capital. The company also appointed Infomerics Valuation and Rating Limited as credit rating agency and Catalyst Trusteeship Limited as debenture trustee for the NCDs. Furthermore, the board noted the resignation of Mr. Kamal Kumar and the cessation of Mr. Sunil Jindal's directorship due to disqualification. Mr. Sachin Garg was appointed as an Additional Non-Executive Independent Director, bringing extensive financial services experience to the board.
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