<h1>Regency Fincorp Completes INR 30 Crore Private Placement of Secured Non-Convertible Debentures</h1>
Regency Fincorp Ltd, formerly known as Regency Investments Limited, has completed the private placement of Non-Convertible Debentures (NCDs). The allotment meeting was held on August 11, 2026, concluding at 12:00 P.M.
The company allotted a total of 30,000 debentures under this private placement. Each NCD has a face value of INR 10,000, making the aggregate issue size stand at INR 30,00,00,000 (Thirty Crores). These securities are described as 14% Listed, Secured, Rated, and Redeemable Non-Convertible Debentures.
The placement was executed in collaboration with identified investors: AMBIUM FINSERVE PRIVATE LIMITED and WINTWEALTH DEBT FUND. The debentures were listed on BSE Limited.
NCD Details and Financial Terms
Key terms associated with the issuance include a coupon rate of 14% and a tenor period of 12 Months and 5 days, maturing on August 16, 2027.The NCDs are secured by a first ranking and exclusive charge over Hypothecated Assets. The issuer is required to maintain a total security cover that is no less than 1.25 times the aggregate amount disbursed under the issue. This minimum security cover must comprise at least 100% of the principal Loan Receivables.
The repayment schedule for the debentures stipulates payment in 370 days, with monthly interest payments. The principal redemption structure includes a 99% repayment scheduled at the end of the sixth month from the date of Allotment, and the remaining 1% is due at maturity.
A detailed overview of the terms and conditions for the Non-Convertible Debentures issued by Regency Fincorp Ltd is presented below:
| Parameter | Details |
|---|---|
| Issuer | Regency Fincorp Limited (Formerly Regency Investments Limited) |
| Type of Securities | 14% Listed, Secured, Rated, Redeemable Non-Convertible Debentures |
| Issuance Method | Private Placement |
| Issue Size / Allotted Amount | INR 30,00,00,000 (Thirty Crores) |
| Total Number of Securities Allotted | 30,000 |
| Coupon Rate | 14% |
| Tenor | 12 Months 5 days |
| Date of Allotment | August 11, 2026 |
| Maturity Date | August 16, 2027 |
| Security Status | Secured (1.25x first ranking charge over Hypothecated Assets) |
The debentures are structured to be repaid in three parts: monthly interest payments, a 99% principal repayment at the end of the sixth month from the allotment date, and the final 1% principal repayment at maturity.
Stock Price Movement
As of 12:33, Regency Fincorp Ltd is edging lower, with shares trading at ₹44.55, falling by 2.39%. The stock has seen intraday movement between a low of ₹44.05 and a high of ₹46.50.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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