Regency Fincorp Limited (formerly Regency Investments Limited) disclosed the outcome of its Board Meeting held on 14th July 2026, which commenced at 4:00 PM and concluded at 4:30 PM. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Decisions Approved:
1. NCD Issuance:
- The Board approved the issuance of 40,000 units of Secured, Rated, Listed, Non-Convertible Debentures (NCDs)
- Face Value: ₹10,000 per unit
- Total Issue Size: ₹40,00,00,000 (Forty Crores)
- Structure:
- Base Issue: 20,000 units aggregating ₹20,00,00,000 (Twenty Crores)
- Green Shoe Option: 20,000 units aggregating ₹20,00,00,000 (Twenty Crores)
- Issuance Method: Private placement basis
2. Key Appointments:
- Trustee: Catalyst Trusteeship Limited appointed for the NCD issuance
- Merchant Banker: Credora Partners Private Limited appointed for the NCD issuance
- Credit Rating Agency: Infomerics Valuation and Rating Limited appointed for rating the NCDs
NCD Specific Details:
- Type: Secured, Rated, Listed, Non-Convertible Debentures
- Listing: Proposed to be listed on BSE Limited
- Tenure: 12 months and 5 days
- Allotment Date: To be done after closure of Bidding Time on Settlement date, in compliance with SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15th October 2025
- Maturity Date: 12 months and 5 days from Actual Date of Allotment
Security Features:
- Security Cover: 1.25x (one decimal point two five times) of amounts outstanding under Debentures (including principal and interest)
- Security Composition: At least 1.25 times or 125% security cover from principal receivables
- Default Interest: 5% per annum over and above the Coupon Rate on default amount for delays exceeding three months from due date
Additional Information:
- No special rights/privileges attached to the instrument
- No details provided regarding payment/non-payment history
- No details provided regarding redemption of preference shares or debentures
The disclosure was signed by Abhimanyu, Company Secretary & Compliance Officer (Membership No. 49176) on 14th July 2026 at 16:39:59.