Board approved private placement of NCDs worth up to Rs 75 Cr, comprising Rs 25 Cr base issue and Rs 50 Cr greenshoe; 13% coupon, 30-month tenor and BSE listing proposed. Extends the company’s recurring NCD-led funding model for its lending expansion, with terms within the stated secured structure and no tenor beyond 60 months. Monthly interest and 30%/30%/40% principal repayments are secured by 1.35x cover; allotment, investors, proceeds usage and final listing remain undisclosed.
Regency Fincorp Approves ₹75 Crore Secured NCD Private Placement
Regency Fincorp Approves ₹1,300 Crore Borrowing Limit Subject To AGM Approval
Regency Fincorp Board Approves ₹1,300 Crore Borrowing Limit For Shareholder Vote
Regency Fincorp Board Approves ₹1,300 Crore Borrowing Ceiling
Regency Fincorp Allots ₹50 Crore NCDs To Three Identified Investors