Regency Fincorp Ltd — Important, 17-08-2026: Company Update
17-08-2026 | 06:46 pm
17-08-2026 | 06:46 pm
Regency Fincorp Limited's board has approved the issuance of 35,000 Secured, Rated, Listed, Non-Convertible Debentures (NCDs) through a private placement to raise INR 35 Cr. These NCDs have a face value of INR 10,000 each, a tenure of 36 months, and offer an interest rate of 13% per annum, payable monthly. The principal will be repaid in five equal installments from the 32nd month. The issue will be listed on BSE. The board also appointed Catalyst Trusteeship Limited as Trustee and Horizon Management Pvt Ltd as Merchant Banker for the NCD issuance, securing crucial funding for the company's operations.
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