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Regency Fincorp's Allotment Committee has approved the private placement of 40,000 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs). Each NCD has a face value of INR 10,000, raising an aggregate of INR 40 Cr. These 13% NCDs have a tenor of 30 months, with interest paid monthly and principal repaid in three tranches. The NCDs will be listed on BSE and are secured by a 1.35x first ranking charge over identified assets. This issuance boosts the company's capital for business operations.