ALPHA TRIBE

Regency Fincorp LtdImportant, 17-02-2026: Company Update

17-02-2026 | 08:05 pm

Regency Fincorp Limited's board has approved raising 75 Cr through Secured, Rated, Listed, Non-Convertible Debentures (NCDs) via private placement, with a first tranche of 50 Cr. These NCDs carry a 14% annual interest for a 12-month and 5-day tenure. Infomerics and Catalyst Trusteeship were appointed for rating and trusteeship, respectively. On the board, Mr. Kamal Kumar resigned, and Mr. Sunil Jindal ceased directorship due to non-attendance at meetings. Mr. Sachin Garg, an experienced banking and financial services professional, was appointed as a new Independent Director to enhance board expertise.

No comments yet. Be the first to comment!

All announcements from Regency Fincorp Ltd