Regency Fincorp Limited has secured listing approval from BSE Limited for its privately placed securities on the debt market segment. The approval, dated June 4, 2026, was issued under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This development follows the company's recent allotment of Non-Convertible Debentures (NCDs) aggregating ₹10 crore to LC Venture Debt Fund, approved by its Board on June 2, 2026.

The NCDs carry a coupon rate of 15% per annum and have a tenor of 19 months, maturing on January 1, 2028. The proceeds will be utilized for general corporate purposes and to support onward lending operations in accordance with RBI guidelines. The instruments have a face value of ₹1,00,000 each and are secured through a 1.25x exclusive charge by way of hypothecation over receivables, specifically performing loans.

Terms of the Debentures

Repayment Schedule

The principal and interest will be repaid in 19 monthly installments starting July 1, 2026. The total interest payable over the tenor amounts to ₹1,24,73,683. In the event of a delay in payment of interest or principal for more than three months, the company will pay a penalty of 2.00% per month on the overdue amount from the due date until the actual date of payment, over and above the interest rate.

Regency Fincorp Limited has approved the issuance of secured non-convertible debentures (NCDs) aggregating ₹50 crore to raise capital through private placement. The board, meeting on June 4, 2026, sanctioned 50,000 units with a face value of ₹10,000 each, comprising a base issue of ₹25 crore and a green shoe option of ₹25 crore. The instruments carry a coupon rate of 13.00% per annum, payable monthly, and are proposed to be listed on BSE Limited.

Key Terms of the Issue

The debentures have a tenure of 30 months from the date of allotment, which will occur upon the closure of bidding through an Electronic Book Provider. Principal repayment is structured in tranches: 30% at the end of the 18th month, 30% at the end of the 24th month, and the remaining 40% at maturity. The issue is secured with a cover ratio of 1.35x, primarily backed by secured receivables.

Board Appointments and Warrant Call

In conjunction with the NCD issuance, the board appointed Catalyst Trusteeship Limited as the debenture trustee and Horizon Management Private Limited as the merchant banker. Additionally, the directors approved a call for the balance 75% payment on convertible share warrants allotted on December 28, 2024. The company had received 25% of the issue price at the time of allotment, and the remaining funds will be called to facilitate the conversion of warrants into fully paid-up equity shares.