- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Regency Fincorp's Allotment Committee approved the private placement of 15,000 listed, secured, redeemable non-convertible debentures (NCDs). Valued at ₹10,000 each, this aggregates to ₹15 crore. These NCDs carry a 13% coupon rate and a 30-month tenor, aimed at strengthening company operations. They are secured by a 1.35x exclusive charge on receivables. Principal repayment is structured, with 30% due at 18 months, another 30% at 24 months, and the final 40% at 30 months, enhancing the company's financial liquidity.