Regency Fincorp Limited's board of directors has approved a significant fundraising initiative through the issuance of non-convertible debentures worth ₹25.00 crores. The decision was taken during a board meeting held on January 06, 2026, conducted via video conferencing from 04:00 PM to 06:30 PM.

Board Meeting Outcomes

The board meeting resulted in three key approvals that will facilitate the company's debt fundraising strategy:

Debenture Structure and Terms

The non-convertible debentures will be issued through private placement with specific structural features designed to attract institutional investors:

Payment Schedule and Security

The debentures feature a structured repayment mechanism with monthly interest payments and staggered principal repayment:

• Interest Payment: Monthly on outstanding facility
• Principal Repayment: 95.00% in the 6th month and 5.00% in the 12th month
• Security Cover: 1.25 times the outstanding debenture amount
• Default Interest: 2.00% per month on delayed payments beyond three months

The debentures will be secured with a security cover ratio of 1.25 times, where at least 125.00% of the security cover will comprise principal receivables. This security structure provides additional protection to debenture holders.

Regulatory Compliance

The issuance follows all regulatory requirements under SEBI Listing Regulations, specifically Regulation 30 read with Schedule III. The company has also complied with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, for non-convertible debenture disclosures. The allotment will be completed after the closure of bidding time through an Electronic Book Provider, ensuring compliance with SEBI Master Circular dated October 15, 2025. The maturity date will be 12 months from the actual allotment date, providing clarity on the investment timeline for potential subscribers.

Regency Fincorp Limited has successfully completed the conversion of 66.20 lakh warrants into equity shares, raising ₹10.92 crores through the exercise of warrant conversion rights. The Board of Directors, in their meeting held on December 20, 2025, approved the allotment and also established a Green Bond Committee to oversee sustainable infrastructure financing.

Warrant Conversion Details

The company allotted 66,20,201 equity shares at an issue price of ₹22.00 per share (including a premium of ₹12.00 per share) to both promoter and non-promoter categories on a preferential basis. The conversion was completed upon receipt of the balance 75% amount aggregating to ₹10,92,33,317 from warrant holders.

Share Capital Impact

Following the warrant conversion, the company's issued and paid-up capital has increased to ₹80.17 crores, comprising 8,01,71,071 equity shares of ₹10.00 each. The newly allotted shares rank pari-passu with existing equity shares. Out of the total 4,33,12,272 warrants originally issued, 1,10,91,668 warrants remain outstanding for conversion within the stipulated 18-month period.

Allottee Distribution

The warrant conversion involved five major allottees across promoter and non-promoter categories. The largest conversion was by Annaya Management Consultancy Private Limited with 18,18,182 warrants, followed by Gaurav Kumar with 19,77,273 warrants.

Green Bond Committee Formation

The Board approved the formation of a Green Bond Committee on December 10, 2025, tasked with identifying and evaluating eligible green projects aligned with the company's sustainability objectives. The committee has approved a Green Telecom Infrastructure Project by Cosmos Power Technologies Limited as an eligible project under the proposed Green Bond framework.

Green Telecom Infrastructure Project

The approved project involves installation of Hybrid Renewable Energy Systems across 100 telecom tower sites in Maharashtra. The initiative combines wind energy, solar power, and battery energy storage systems to reduce reliance on conventional diesel-based power generation.

The project is expected to deliver significant benefits including reduced operating costs, improved energy reliability, substantial carbon emission reductions, enhanced network uptime, and alignment with ESG objectives. This initiative supports national programs including Digital India and India's net-zero commitments.