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Board approved issuance of 40,000 secured, rated, listed NCDs of face value Rs 10,000 each aggregating to Rs 40 Cr on private placement basis (base issue Rs 15 Cr, green shoe option Rs 25 Cr), tenure 30 months, coupon 13% p.a., with 1.35x asset cover. Appointed Horizon Management India Pvt Ltd as merchant banker.
Regency Fincorp Approves ₹75 Crore Secured NCD Private Placement
Regency Fincorp Board Approves ₹75 Crore Private Placement NCD Issue
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