Regency Fincorp Ltd — Important, 04-06-2026: Company Update
04-06-2026 | 04:26 pm
04-06-2026 | 04:26 pm
Regency Fincorp's Board has approved key capital-raising initiatives. The company will issue 50,000 Secured, Rated, Listed Non-Convertible Debentures (NCDs) totaling 50 Crore through a private placement. These NCDs offer a 13.00% annual interest, paid monthly, over a 30-month tenure. Additionally, the Board approved calling the remaining 75% balance from existing warrant-holders, enabling the conversion of their convertible share warrants into fully paid-up equity shares. These actions are designed to enhance the company's financial resources and support its business growth.
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