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:
| Particulars | Details |
|---|---|
| Issuer | Regency Fincorp Limited |
| Type of Securities | 14% Listed, Secured, Rated, Redeemable Non-Convertible Debentures |
| Issue Size | INR 25,00,00,000 |
| Allotted Issue Size | INR 25,00,00,000 |
| Number of Securities Allotted | 25,000 |
| Allottee | LC Capital India Private Limited |
| Listing | BSE Limited |
| Tenor | 15 Months |
| Date of Allotment | March 23, 2026 |
| Date of Redemption/Maturity | June 23, 2027 |
| Coupon Rate | 14% |
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