Regency Fincorp Limited has secured in-principle approval from BSE Limited for the private placement of non-convertible debentures and commercial papers, marking a significant step in the company's capital raising initiatives. The approval was communicated through BSE's letter dated January 20, 2026, following the company's application submitted on the online portal on January 14, 2026.

Approval Details and Scope

The BSE approval encompasses a comprehensive range of debt securities under GID Number GID/RFL/SERIES 1/2025-26. The securities covered include:

• Rated/Listed/Secured/Unsecured transferable and redeemable non-convertible debentures
• Principal protected and non-principal protected instruments
• Market linked and non-market linked securities
• Zero coupon bonds
• Subordinated non-convertible debentures
• Rated commercial papers

Compliance Requirements

BSE has outlined ten specific conditions that Regency Fincorp must fulfill at the time of seeking listing. The key compliance requirements include:

Regulatory and Documentation:

• Filing of listing application with prescribed fees
• Compliance with SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
• Adherence to SEBI Circular No SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
• Compliance with Companies Act 2013 provisions

Statutory Approvals:

• Receipt of approvals from SEBI, RBI, DCA and other applicable authorities
• Compliance with evolving guidelines and circulars from regulatory bodies
• Adherence to specific BSE circular dated June 10, 2020

Technical Requirements:

• Compliance with Electronic Book Platform (EBP) requirements for issuers
• Signing agreements with both depositories as per SEBI regulations
• Face value compliance as per SEBI circular guidelines

Validity and Conditions

The in-principle approval carries a validity period of one year from the date of issue or one year from the opening of the first offer under the General Information Document, whichever is applicable. BSE has reserved the right to withdraw approval if any information is found to be incomplete, incorrect, misleading, or false.

The approval is also contingent upon compliance with all applicable charges for BSE's systems, software, and facilities that the company may utilize during the securities processing.

Corporate Communication

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Abhimanyu signed the disclosure document, emphasizing the company's commitment to regulatory transparency and compliance standards.

Regency Fincorp Limited has received credit rating from Infomerics Valuation and Rating Limited for its proposed facilities worth ₹150.00 crore. The company announced this development on January 13, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

Infomerics Valuation and Rating Limited has assigned ratings for the company's proposed facilities after reviewing the operational and financial performance for FY25 (Audited) and H1FY26 (Unaudited). The rating committee completed its review on January 12, 2026.

The rating IVR BBB- with positive outlook indicates that the securities are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.

NCD Structure and Terms

The proposed Non-Convertible Debentures worth ₹100.00 crore will be issued in four tranches of ₹25.00 crore each. These NCDs are proposed to be listed on the stock exchange. The rating for NCDs represents a new assignment, while the term loan facility rating has been reaffirmed from the previous rating.

Rating Validity and Compliance Requirements

The credit rating is valid for one year from the date of the rating committee decision, specifically until January 11, 2027. Infomerics has established several compliance requirements for the company, including monthly submission of No Default Statements and quarterly performance results within six weeks of each calendar quarter close.

Rating Scale Context

According to Infomerics' long-term rating scale, the IVR BBB category represents securities with moderate degree of safety regarding timely servicing of financial obligations. The positive outlook modifier reflects a favorable comparative standing within this category. The rating agency reserves the right to undertake surveillance and review of the ratings from time to time, with at least one review annually.