Regency Fincorp's board approved issuance of ₹30 crore Secured, Listed NCDs via private placement.
The 12-month NCDs offer 14% annual interest payable monthly, with quarterly principal repayment.
Appointed Catalyst Trusteeship as Trustee and Credora Partners as Merchant Banker for the NCD issue.
NCDs secured by first-ranking charge over 1.25x receivables, with 2% penalty for payment delays.