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Regency Fincorp LtdImportant, 14-08-2026: Company Update

14-08-2026 | 02:05 pm

Regency Fincorp clarified a previous announcement, stating its Board approved issuing 60,000 units of Secured, Rated, Listed Non-Convertible Debentures (NCDs) totaling INR 60 Crore via private placement. The earlier disclosure had inadvertently mentioned 50,000 units for INR 50 Crore. Each NCD has a face value of INR 10,000, offering 13.50% annual interest, payable monthly, with principal repaid quarterly over 15 months. This update signifies the company is raising more capital than initially stated, impacting its funding strategy and supporting business growth.

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