Regency Fincorp Limited
Board Meeting Details
The meeting commenced at 04:30 PM and concluded at 5:00 PM on Wednesday, September 23, 2026.
Key Decisions Approved
1. NCD Issuance: The board approved the issuance of 350 units of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) with a face value of ₹100,000 (Indian Rupees One Lakh) each, aggregating to ₹3,50,00,000 (Indian Rupees Three Crores Fifty Lakhs) on a private placement basis.
2. Trustee Appointment: The board approved the appointment of Catalyst Trusteeship Limited as the trustee for the issuance of these 350 NCD units.
NCD Instrument Details
- Type: Secured, Rated, Listed, Non-Convertible Debentures
- Issuance Method: Private Placement
- Total Units: 350
- Face Value: ₹100,000 per unit
- Total Issue Size: ₹3,50,00,000
- Listing: Proposed to be listed on BSE Limited
- Tenure: 18 months from the Deemed Date of Allotment
- Interest Rate: 1.00% per annum payable on maturity
- Payment Schedule: Both interest and principal payable at maturity
- Security: First ranking pari-passu charge over all current and fixed assets of the Company, both present and future, including receivables, intellectual property, brand, etc.
- Special Rights: None
Allotment and Maturity Details
Allotment will be done after closure of Bidding Time through Electronic Book Provider (EBP) on the settlement date, in compliance with SEBI Master Circular dated October 15, 2025 (SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137). The maturity date will be 18 months from the actual date of allotment.