Regency Fincorp has scheduled a board meeting for September 4, 2026, to consider the issuance of listed, rated, and secured non-convertible debentures (NCDs) on a private placement basis. The company also plans to appoint a debenture trustee for this issuance.

The corporate action targets both resident and non-resident investors, expanding the potential investor base for the debt instrument. The move aligns with standard capital raising procedures for non-banking financial companies seeking long-term funding sources.

Board Agenda Details

The meeting agenda includes two primary items as disclosed under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The board will deliberate on the specific terms and conditions of the NCD issue, including quantum, coupon rate, and maturity period, which will be finalized during the session.

Regulatory Compliance

The intimation was issued pursuant to Regulation 29 of Chapter IV and Regulation 50 of Chapter V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Abhimanyu, Company Secretary & Compliance Officer, on September 1, 2026.

Regency Fincorp Limited, formerly known as Regency Investments Limited, is headquartered in Zirakpur, Punjab. The company operates in the financial services sector, focusing on lending and investment activities.

Regency Fincorp Limited has completed the allotment of its ₹50 crore Series II Non-Convertible Debentures (NCDs). The company's Allotment Committee approved the issuance on August 27, 2026, finalizing the second tranche of its recently announced debt raise.

The NBFC had previously received BSE approval on August 21, 2026, for listing privately placed NCDs worth ₹110 crore. The total issuance comprises two tranches: a ₹60 crore Series I and this ₹50 crore Series II. The capital raise aims to diversify the liability profile and support lending franchise growth.

Allotment Details

The Series II tranche was allotted to three identified investors. The securities carry a coupon rate of 13% per annum and have a tenure of 36 months. The issuance is secured with a 1.35x security cover, primarily backed by secured receivables including MSME loans.

The allottees include Sunrise Gilts and Securities Private Limited, Eshiruss Financial Consultants Private Limited, and Infixin Technologies Private Limited. The debentures are listed, secured, rated, and redeemable instruments with a face value of ₹10,000 each.

Redemption Schedule

Unlike the shorter-dated Series I, the Series II NCDs feature a structured repayment plan rather than a bullet maturity. The principal will be repaid in five equal installments of 20% each, starting from the end of the 32nd month.

• 20% at the end of the 32nd month
• 20% at the end of the 33rd month
• 20% at the end of the 34th month
• 20% at the end of the 35th month
• 20% at the end of the 36th month

This staggered redemption structure reduces lump-sum repayment pressure at maturity. Interest payments continue monthly until the final maturity date of August 27, 2029.

Strategic Context

Gaurav Kumar, Managing Director, stated that the raise strengthens the funding profile and enhances ability to support continued growth. The secured and rated structure reflects confidence from funding partners in the business model.

What the Numbers Show

The completion of the Series II allotment confirms strong investor appetite for Regency Fincorp's longer-dated debt. While the shorter Series I commands a higher 13.50% coupon, the Series II offers a lower 13.00% rate with a structured exit via quarterly principal repayments in the final year. This hybrid approach likely appeals to investors seeking regular capital return alongside steady interest income.