A meeting of the Board of Directors of Regency Fincorp Limited was held on Thursday, 04th June, 2026. The meeting commenced at 03:00 P.M. and concluded at 04:00 P.M.

1. Issuance of Non-Convertible Debentures (NCDs)

The Board approved the issuance of 50,000 units of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) on a private placement basis.

  • Total Issue Size: ₹50,00,00,000 (Fifty Crores)
  • Face Value per NCD: ₹10,000 (Indian Rupees Ten Thousand)
  • Breakdown:
  • Base Issue: 25,000 units aggregating to ₹25,00,00,000 (Twenty-Five Crores)
  • Green Shoe Option: 25,000 units aggregating to ₹25,00,00,000 (Twenty-Five Crores)

Key Terms of the NCDs (from Annexure I):

  • Type: Secured, Rated, Listed, Non-Convertible Debentures
  • Tenure: 30 Months
  • Interest Rate: 13.00% per annum
  • Interest Payment Schedule: Monthly
  • Principal Repayment Schedule:
  • 30% at the end of the 18th month from the Deemed Date of Allotment
  • 30% at the end of the 24th month from the Deemed Date of Allotment
  • 40% at the end of the 30th month from the Deemed Date of Allotment
  • Allotment Date: To be done after the closure of the Bidding Time (as the NCDs will be privately placed through an Electronic Book Provider (EBP)) on the Settlement date, in compliance with SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated 15th October, 2025.
  • Maturity Date: 30 months from the Actual Date of Allotment.
  • Security: 1.35x (one point three five times) security cover from Secured Receivables, meaning at least 135% security cover for amounts outstanding under the debentures.
  • Default Interest: In case of delay in payment of interest/principal for more than three months from the due date, an additional 3% per annum over the coupon rate will be charged on the default amount.

2. Call on Convertible Share Warrants

The Board approved calling the balance 75% amount from the remaining warrant holders.

  • Original Allotment Date: Convertible share warrants were allotted on 28th December, 2024.
  • Payment Received: 25% of the issue price was received at the time of allotment.
  • Amount Called: The balance 75% amount is now being called from the warrant holders for the allotment of fully paid-up equity shares upon conversion of the share warrants.

3. Appointments for NCD Issuance

The Board approved the following appointments for the NCD issuance:

  • Debenture Trustee: Catalyst Trusteeship Limited
  • Merchant Banker: Horizon Management Private Limited

This disclosure is made in compliance with:

  • Regulation 30 read with Schedule III of the SEBI Listing Regulations.
  • For the NCD issuance: Clause 2 of Para A of Part A of Schedule III and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (Annexure I).
  • For the warrant call: Clause 12 of Para A of Part A of Schedule III and SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/376/2026 dated 30th January, 2026 (Annexure II).

The letter was digitally signed by Abhimanyu, Company Secretary & Compliance Officer (Membership No. 49176), on 2026.06.04 at 16:11:38 +05'30'.