Regency Fincorp Limited has announced the resignation of its Independent Director Mr. Kamal Kumar, effective from the closure of business hours on February 11, 2026. The company informed BSE Limited about this corporate governance change on February 12, 2026, in compliance with regulatory requirements.

Director Resignation Details

The resignation was formalized through proper regulatory channels with comprehensive documentation provided to the stock exchange.

Reason for Departure

In his resignation letter dated February 11, 2026, Mr. Kumar provided a candid explanation for his decision to step down. He stated that he was resigning due to his "zero contribution to company's progress for last some years." The director confirmed that there were no other material reasons beyond those disclosed in his resignation letter.

Regulatory Compliance

Regency Fincorp Limited has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as mandated by Clause 7 of Para A, Part A of Schedule-III of SEBI Listing Regulations.

Director's Background

Mr. Kamal Kumar held the position of Independent Director at Regency Fincorp Limited but maintained no directorships in other listed entities. Apart from his role at Regency Fincorp Limited, he was not a member of any other board committees. His resignation letter expressed gratitude to the Board of Directors and management team for their cooperation and support during his tenure.

Next Steps

The resigning director has requested the company to take specific procedural actions including noting his resignation in the next Board Meeting and filing necessary forms with the Registrar of Companies. The company secretary and compliance officer, Abhimanyu, has processed the resignation documentation and communicated the change to BSE Limited as required under listing regulations.

Regency Fincorp Limited has secured a significant regulatory milestone with the receipt of listing approval from BSE Limited for its privately placed securities on the debt market segment. The approval, dated February 3, 2026, represents an important step in the company's capital market operations.

Regulatory Approval Details

The company received the listing approval through BSE Limited's official notice number 20260203-19, issued on February 3, 2026. This approval specifically covers privately placed securities that will be listed on BSE's debt market segment.

Compliance and Disclosure

Regency Fincorp made this announcement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation mandates listed companies to disclose material events and information that could impact investor decisions.

The BSE notice containing the detailed approval information is accessible through the exchange's official website at the specified link provided by the company. This ensures transparency and allows stakeholders to access complete documentation regarding the listing approval.

Company Background

Regency Fincorp Limited, formerly known as Regency Investments Limited, operates from its corporate and registered office located at SCO 6 Upper Ground Floor LA MER, PR 7, Airport Road, Zirakpur, Punjab. The company trades on BSE under scrip code 540175.

The announcement was signed by Abhimanyu, Company Secretary and Compliance Officer (Membership Number 49176), demonstrating proper corporate governance procedures in the disclosure process.