Regency Fincorp Allots ₹50 Crore Secured NCDs To Three Investors

Allotment Committee approved 50,000 listed, secured, rated, redeemable NCDs of Rs 10,000 each, aggregating Rs 50 Cr, at a 13.0% coupon through private placement to three identified investors. The NCDs are listed on BSE, mature on 27 August 2029 and carry 1.35x security cover. The allotment resolves the earlier discrepancy between the board-approved issue size and the subsequent disclosure, confirming a Rs 50 Cr issuance. Principal will be repaid in five equal instalments from the 32nd to 36th month. The issue adds a 36-month, 13% borrowing obligation to the company's rapidly expanding debt-funded lending model; use of proceeds and post-issue funding impact were not disclosed.