Regency Fincorp Closes Private Placement of INR 10 Crores in Debenture Funding
Regency Fincorp Ltd, previously known as Regency Investments Limited, has completed the allotment of Non-Convertible Debentures (NCDs) totaling INR 10,00,00,000 through a private placement. The transaction was approved following the Board Meeting held on June 2, 2026.The company successfully raised INR 10 Crores by issuing 1,000 Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs). Each debenture has a face value of INR 1,00,000. The entire allotment was made to LC Venture Debt Fund.
The NCD tranche is secured against the company’s assets and includes specific covenants regarding repayment terms. Key details of the debt instrument were finalized during the Board Meeting, which commenced at 10:30 A.M. and concluded at 11:00 A.M. on June 2, 2026.
The debentures carry a coupon rate of 15%. The tenor for the NCDs is 19 months, with the allotment date being June 2, 2026, and the redemption maturity set for January 1, 2028.
Debt Instrument Details
The funding was structured as follows:| Particulars | Terms of Debentures |
|---|---|
| Issuer | Regency Fincorp Limited |
| Type of Securities | 15% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) |
| Issue Size | INR 10,00,00,000 |
| Allotted Issue Size | INR 10,00,00,000 |
| Total Number of Securities Allotted | 1000 |
| Name of Allottee | LC Venture Debt Fund |
| Listing Stock Exchange | BSE Limited |
| Tenor | 19 Months |
| Date of Allotment | June 2, 2026 |
| Date of Redemption / Maturity | January 1, 2028 |
Security and Repayment Structure
The NCDs are fully secured. The security framework established includes a 1.25x Exclusive charge by way of hypothecation over receivables (performing loans). Additionally, there is a First ranking pari-passu charge over the company’s current and fixed assets, both present and future, applicable if the security cover drops below 1.25x of the outstanding facility through the exclusive charge on receivables.Regarding repayment and interest, the debentures mandate monthly payments for both coupon (interest) and principal. A specific provision addresses delayed payments; in the event that there is a delay in interest or principal payment exceeding three months from the due date, a penalty rate of 2.00% per month shall be payable on the overdue amount, over and above the established Interest Rate.
Stock Price Movement
Regency Fincorp Ltd settled on a decline at ₹33.05 on Thursday, slipping 0.57% in post-market trading. Throughout the session, shares navigated an intraday range spanning from a low of ₹32.81 up to a peak high of ₹34.40.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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