The Board inter alia considered and approved the allotment of 1000 (One Thousand) 15% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) through private placement. Each NCD has a face value of ₹1,00,000 (Indian Rupees One Lakh Only), aggregating to ₹10,00,00,000 (Indian Rupees Ten Crores Only). The allotment was made to identified investor LC Venture Debt Fund.

Key Terms of Debenture Issuance:

  • Issuer: Regency Fincorp Limited
  • Type of Security: 15% Listed, Secured, Rated, Redeemable Non-Convertible Debentures
  • Type of Issuance: Private Placement
  • Issue Size: ₹10,00,00,000 (Ten Crores)
  • Allotted Issue Size: ₹10,00,00,000 (Ten Crores)
  • Total Number of Securities Allotted: 1000
  • Name of Allottee: LC Venture Debt Fund
  • Listing: Yes, on BSE Limited
  • Tenor: 19 Months
  • Date of Allotment: 02nd June 2026
  • Date of Redemption/Maturity: 01st January 2028
  • Coupon Rate: 15% per annum

Payment Schedule:

The debentures involve monthly repayment of both principal and interest. The detailed cash flow schedule shows:

  • Principal Inflow: ₹10,00,00,000 on 02-Jun-26
  • Monthly payments beginning 01-Jul-26 through 01-Jan-28
  • Each monthly payment includes both an interest component and a principal component of ₹52,63,158
  • Total interest payment over the tenor: ₹1,24,73,683
  • Total principal repayment: ₹10,00,00,000

Security Details:

The NCDs are secured by:

1. 1.25x Exclusive charge by way of hypothecation over receivables (performing loans).

2. First ranking pari-passu charge over current and fixed assets, both present and future, if the security cover through exclusive charge on receivables drops below 1.25x of the outstanding facility.

Additional Terms:

  • Special rights/privileges: None
  • Default interest: 2.00% per month payable on overdue amounts from due date until actual payment date, over and above the regular interest rate
  • Redemption details: To be repaid over 19 months on monthly basis with both monthly interest payments and monthly principal payments
  • Payment history comments: NA (no previous comments regarding payment/non-payment)

The disclosure is made pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Except for the inclusion of the commencement time of the Board Meeting, all other contents of the original Outcome of Board Meeting submitted on 02nd June 2026 remain unchanged.