Regency Fincorp Ltd Allots 15,00,00,000 in NCDs Through Private Placement
Regency Fincorp Limited has announced the successful allotment of 13% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) aggregating to INR 15,00,00,000. The issuance was conducted through a private placement mechanism and concluded on June 19, 2026.The Allotment Committee of the company approved the allotment following its meeting held on Friday, June 19, 2026. A total of 15,000 Non-Convertible Debentures were allotted for the specified amount, with a face value of INR 10,000 each. The NCDs are listed on the BSE Limited and feature a tenor of 30 months.
The two identified investors who received the debentures in this private placement include INFIXIN TECHNOLOGIES PRIVATE LIMITED and ESHIRUSS FINANCIAL CONSULTANTS PRIVATE LIMITED (formerly known as ASVANTAFINANCIAL CONSULTANTS PRIVATE LIMITED).
Details of the NCD issuance, including terms and conditions, are summarized below:
| Financial Particulars | Detail |
|---|---|
| Issuer | Regency Fincorp Limited |
| Issue Size | INR 15,00,00,000 (Indian Rupees Fifteen Crores Only) |
| Number of Securities Allotted | 15,000 |
| Coupon Rate | 13% |
| Tenor/Maturity Period | 30 Months |
| Date of Allotment | June 19, 2026 |
| Date of Redemption / Maturity | December 19, 2028 |
Security and Repayment Structure
The issued NCDs are secured by a specific charge. The company confirmed that the debentures will be secured via: 1.35x Exclusive charge by way of hypothecation over receivables (performing loans). A first ranking pari-passu charge over current and fixed assets, both present and future, applies if the security cover through exclusive charge on receivables drops below 1.35x of the outstanding Facility.The repayment schedule for the principal amount is structured over the 30 months as follows: 30% Repayment at the end of the 18th Month, 30% Repayment at the end of the 24th Month, and 40% Repayment at the end of the 30th Month.
The instruments state that in case of delay or default in payment of interest or principal for a period exceeding three months from the due date, a penalty of 3.00% per month shall be payable on the overdue amount, in addition to the Interest Rate.
Stock Price Movement
Regency Fincorp Ltd is ticking up, trading at ₹37.90 as of 12:48, reflecting a healthy gain of 1.66%. Throughout the session, shares have moved within an intraday range that stretched from a low of ₹37.00 to a high of ₹38.20.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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