Regency Fincorp Ltd — Important, 22-04-2026: Company Update

Regency Fincorp shareholders at an Extra-ordinary General Meeting approved significant proposals. Mr. Sachin Garg and Mr. Sanjay Mittal were appointed Independent Directors for five-year terms, bringing extensive banking and financial services experience to the board. The company's Articles of Association were updated to allow debenture trustees to appoint a nominee director in case of certain debt payment defaults, offering enhanced security for debenture holders. Additionally, shareholders approved revised borrowing limits and the issuance of non-convertible debentures or commercial papers through private placement, supporting future funding needs.