Regency Fincorp Limited has successfully concluded its board meeting held on April 10, 2026, with the approval of a significant debenture issuance worth ₹300 crores. The meeting, which was previously scheduled and announced on April 7, 2026, concluded at 6:30 PM with key strategic decisions regarding the company's capital raising initiatives.

Board Meeting Outcomes

The board of directors approved the issuance of secured, rated, listed non-convertible debentures on a private placement basis. The comprehensive details of the approved debenture issue are as follows:

Interest and Tenure Structure

The approved debentures offer attractive terms for investors with competitive interest rates and flexible payment schedules:

Key Appointments

The board also approved crucial appointments to facilitate the debenture issuance process. Catalyst Trusteeship Limited has been appointed as the trustee for the 30,000 units of secured non-convertible debentures. Additionally, Credora Partners Private Limited has been designated as the merchant banker for the debenture issue.

Security and Compliance

The debentures will be secured by a first ranking and exclusive charge of 1.25 times over the company's receivables, including present and future receivables that are free from any encumbrances. The allotment will be conducted in compliance with SEBI Master Circular dated October 15, 2025, through an Electronic Book Provider after the closure of bidding time.

Regulatory Framework

The meeting outcome has been disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Abhimanyu has signed the official communication, ensuring full regulatory compliance and transparency for stakeholders.

Source: None/Company/INE964R01013/d1ac4df9-373d-40c7-90ec-53256ed49e63.pdf

Regency Fincorp Limited resubmitted the outcome of its Board meeting held on March 25, 2026, under the equity segment after discovering the filing was only reflected under the debt segment on BSE's corporate announcements section. The company's Board had approved significant corporate governance changes including director appointments, resignations, borrowing limit revisions, and a major fundraising initiative through Non-Convertible Debentures.

Regulatory Filing Resubmission

The company informed BSE Limited on March 30, 2026, that while the Board meeting outcome was duly submitted under both equity and debt segments, it was only appearing under the debt segment in corporate announcements. For stakeholder benefit and reference, the company resubmitted the outcome under the "Equity – Outcome of Board Meeting" tab to ensure proper visibility across all relevant segments.

EGM Notice Publication Compliance

Pursuant to Regulation 47 of SEBI Listing Regulations, Regency Fincorp informed BSE on April 1, 2026, about the newspaper publication of its Extra Ordinary General Meeting notice. The notice for the EGM scheduled on April 22, 2026, at 12:00 P.M. (IST) was published on April 1, 2026, in two newspapers.

Board Composition Changes

The Board approved the appointment of Mr. Sanjay Mittal (DIN: 11548754) as Additional Director in the capacity of Non-Executive Independent Director on March 25, 2026. Dr. Mittal brings nearly three decades of extensive experience in banking, NBFC operations, investment banking, and wealth management, holding a Ph.D. in Business Administration, MBA in Finance, and Certified Wealth Manager (CWM) qualification.

Simultaneously, the Board accepted the resignation of Ms. Saloni Shrivastav (DIN: 07746707) from her position as Non-Executive Independent Director, effective from March 26, 2026. Ms. Shrivastav cited pre-occupations and other assignments as reasons for her resignation.

NCD Issuance and Corporate Changes

The Board approved the issuance of Unsecured/Secured Listed/Unlisted Redeemable Non-Convertible Debentures for an aggregate value of up to INR 500,00,00,000 on private placement basis during financial year 2026-27. The issuance will be executed in one or more tranches subject to member approval in the ensuing extraordinary general meeting.