Regency Fincorp

Regency Fincorp Limited has issued a postal ballot notice seeking shareholder approval for three special resolutions. The company proposes to modify its Memorandum of Association to include Prepaid Payment Instruments (PPIs) business, digital payment solutions including electronic wallets, prepaid cards, UPI and QR-based payments, payment aggregation services, and merchant payment gateways alongside its existing finance and investment activities. The second resolution involves adopting new Articles of Association compliant with the Companies Act 2013, replacing the current version based on the 1956 Act. The third resolution seeks approval for revising loan agreements with three entities - Annaya Management Consultancy Private Limited (Rs 5.57 crores), Max-Bio Biosciences Private Limited (Rs 12.27 crores), and Regency Digitrade Investments Private Limited (Rs 6.07 crores) - to include conversion terms into equity shares. The e-voting period runs from September 20 to October 19, 2025, with the cut-off date for voting eligibility set as September 12, 2025. NSDL will provide the e-voting facility, and Mr. Devender Singh has been appointed as the scrutinizer for the postal ballot process.

Regency Fincorp Limited appointed Mr. Abhimanyu as Company Secretary, Compliance Officer, and Internal Auditor effective September 17, 2025. The board approved alterations to the company's Memorandum of Association to include digital payment solutions business, covering prepaid payment instruments, electronic wallets, UPI payments, and payment aggregation services alongside existing finance and investment activities. The company also approved conversion of loans into equity shares and adoption of new MOA and AOA to comply with Companies Act 2013. All major changes require shareholder approval through postal ballot, with e-voting scheduled from September 20 to October 19, 2025. Mr. Devender Singh was appointed as scrutinizer for the postal ballot process.

Natures Heavens India Private Limited, a promoter group entity, acquired additional shares in Regency Fincorp Limited through open market transactions on August 12-13, 2025. The company purchased 50,000 shares, increasing its total holding from 4,501,512 shares (6.48% voting rights) to 4,551,512 shares (6.55% voting rights). The acquisition represents 6.32% of the total diluted share capital. Regency Fincorp's equity share capital remained unchanged at Rs. 69.46 crores before and after the transaction, while the total diluted share capital stands at Rs. 91.26 crores.