Regency Fincorp Limited has seen a significant change in its shareholding structure as Natures Heavens India Private Limited, a member of the promoter group, substantially increased its stake in the company through open market purchases. The transactions, which took place on August 8 and 11, resulted in Natures Heavens India's stake in Regency Fincorp rising from 0.022% to 6.48% of the total share capital.

According to the disclosure made under SEBI regulations for substantial acquisition of shares, Natures Heavens India's shareholding in Regency Fincorp increased from 15,000 shares to 4,501,512 shares. This represents 6.48% of the total share capital and 6.26% of the diluted capital of Regency Fincorp.

Financial Implications

Regency Fincorp Limited, a non-banking financial company (NBFC) listed on the BSE, reported a total equity share capital of Rs. 69.46 crores, which remained unchanged before and after the acquisition. The company's total diluted share capital stands at Rs. 91.26 crores.

Recent Corporate Actions

Regency Fincorp has been actively managing its capital structure. In a recent board meeting held on June 13, the company allotted 5,870,150 equity shares pursuant to the conversion of warrants into equity shares. This action likely contributed to the changes in shareholding percentages.

Company Performance

Regency Fincorp has shown strong financial performance in recent times. For the financial year, the company reported:

The company's capital adequacy ratio stood at 64.35% as of March 31, significantly above the regulatory requirements for NBFCs.

This substantial acquisition by Natures Heavens India, a promoter group entity, may be seen as a vote of confidence in Regency Fincorp's business model and future prospects. Investors and market analysts will likely monitor how this change in shareholding pattern might influence the company's strategic decisions going forward.

Regency Fincorp Limited has announced significant changes in its leadership structure and financial operations following a board meeting held on August 11, 2025. The company's board has approved several key decisions that will shape its future direction and governance.

Leadership Appointments and Remuneration Changes

Re-appointment of Managing Director

The board has approved the re-appointment of Mr. Gaurav Kumar as Managing Director for a three-year term, effective August 25, 2025. Mr. Kumar, who has been with the company since September 13, 2017, will receive a monthly remuneration of up to Rs 3,50,000, subject to shareholder approval. This remuneration exceeds the limits specified in Section 197 of the Companies Act, 2013.

New Executive Director

The board ratified the appointment of Mr. Sarfaraz Mallick as Executive Director for a three-year term from March 29, 2025, to March 28, 2028. Mr. Mallick brings 20 years of experience in banking and finance, including a tenure as Vice President at Kotak Mahindra Bank for over a decade.

Remuneration Increases

The board also approved remuneration increases for both Mr. Mallick and Mr. Vishal Rai Sarin, the company's Whole Time Director. These changes are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Financial and Operational Decisions

Borrowing Limit Revision

A significant decision taken by the board was the revision of the company's borrowing limits. While the specific details of the new limits were not disclosed, this move suggests that Regency Fincorp is positioning itself for potential expansion or restructuring of its financial operations.

Dividend Decision

The board has decided not to declare any dividend, indicating a focus on reinvesting in the company's growth or strengthening its financial position.

Annual General Meeting and Corporate Governance

AGM Details

The 32nd Annual General Meeting of Regency Fincorp is scheduled for September 3, 2025, at 12:30 P.M., to be conducted via Video Conferencing/Other Audio-Visual Means. The e-voting period for shareholders will run from August 31 to September 2, 2025.

Appointments

In line with corporate governance best practices, the company has appointed M/s Devender Singh and Associates as the scrutinizer for the e-voting process. Additionally, M/s Shailendra Roy and Associates have been appointed as the Secretarial Auditor for a term of 5 years, subject to shareholder approval.

Equity Listing Update

The board also noted the listing approval of 5,870,150 equity shares received from BSE Limited on August 6, 2025. This listing approval could potentially impact the company's market capitalization and liquidity.

These decisions reflect Regency Fincorp's focus on strengthening its leadership, optimizing its financial structure, and ensuring robust corporate governance. Shareholders will have the opportunity to vote on these significant changes at the upcoming AGM, which will play a crucial role in shaping the company's future trajectory.