Regency Fincorp Limited , a financial services company, has announced the resignation of Ashish Kamra from his position as Whole Time Director, effective October 18, 2025. The company disclosed this information in a regulatory filing to the BSE on October 24, 2025.

Resignation Details

Mr. Kamra cited personal commitments as the reason for his departure. In his resignation, he confirmed that there were no other material reasons behind his decision to step down from the board.

Regulatory Compliance

In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regency Fincorp has provided the following details regarding Mr. Kamra's resignation:

The company has assured stakeholders that all necessary regulatory disclosures have been made in compliance with SEBI guidelines.

Company's Statement

Regency Fincorp expressed gratitude for Mr. Kamra's contributions during his tenure. The Board acknowledged his service and wished him success in his future endeavors.

About Regency Fincorp Limited

Regency Fincorp Limited, formerly known as Regency Investments Limited, is a financial services company with its corporate and registered office located in Zirakpur, Punjab. The company operates under CIN: L67120PB1993PLC013169 and is listed on the BSE.

Regency Fincorp Limited , a financial services company, has received shareholder approval for significant changes to its business operations and corporate structure through a postal ballot process. The company has taken steps to diversify its business activities and update its governance framework.

Expansion into Digital Payment Solutions

Shareholders have approved a modification to the company's Memorandum of Association, allowing Regency Fincorp to expand its business activities into the digital payment sector. This strategic move positions the company to offer a wide range of digital payment solutions, including:

• Prepaid Payment Instruments (PPIs)
• Electronic wallets
• Prepaid cards
• UPI and QR-based payments
• Payment aggregation services
• Merchant payment gateways
• Online money transfers
• Bill payments and recharges

This expansion is aimed at enhancing the company's business operations and tapping into the growing digital payments market in India.

Corporate Governance Updates

In addition to the business expansion, shareholders have approved two other significant changes:

1. Adoption of New Articles of Association: The company will adopt a new set of Articles of Association to align with the provisions of the Companies Act, 2013. This update replaces the previous framework based on the Companies Act, 1956, ensuring compliance with current regulatory requirements.

2. Revision of Loan Agreements: Shareholders have approved revisions to loan agreements with various entities. While specific details of these revisions were not disclosed, this approval suggests potential changes in the company's financial arrangements.

Voting Results

The postal ballot saw strong shareholder participation. Here's a breakdown of the voting results:

These results indicate overwhelming support for all three resolutions, with each receiving over 99% approval from voting shareholders.

Management's Perspective

Gaurav Kumar, Managing Director of Regency Fincorp Limited, signed off on these changes, which were initially recommended by the Board of Directors. The management views these updates as crucial for enhancing business operations and ensuring regulatory compliance.

The expansion into digital payment solutions, in particular, represents a significant pivot for Regency Fincorp, potentially opening up new revenue streams and market opportunities in the rapidly evolving fintech sector.

As Regency Fincorp Limited implements these changes, stakeholders will be watching closely to see how the company leverages its new capabilities in the digital payments space and how the updated corporate governance structure impacts its operations and financial performance.