Regency Fincorp Ltd. Allots Debentures Through Private Placement
Regency Fincorp Limited announced the allotment of 14% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) through a private placement on March 23, 2026. The company allotted 25,000 NCDs, each with a face value of INR 10,000, to LC Capital India Private Limited, totaling INR 25,00,00,000.The debentures have a tenor of 15 months and will mature on June 23, 2027. The coupon rate is 14% and interest payments will be made quarterly.The debentures are secured by a security cover of 1.25 times the outstanding amounts, which includes principal receivables.Below is a table summarizing the key details of the debenture issuance:ParticularsDetails...