Allotment of 350 secured NCDs raising INR 3,50,00,000 on private placement
Allotment Committee approved allotment of 350 NCDs of INR 1,00,000 each, totalling INR 3,50,00,000.
- NCD Face Value per Unit
- INR 1,00,000
- Total NCD Amount Allotted
- INR 3,50,00,000
- Number of NCDs Allotted
- 350
- Coupon Rate
- 1.00%
- Tenor and Redemption Date
- 18 Months; allotted 1st October 2026, redemption 1st April 2028
What happened
The Allotment Committee met on 1st October 2026 (11:00 A.M. to 11:30 A.M.) and approved the allotment of 350 Non-Convertible Debentures on a private placement basis.
Key terms
- Type: 1.00% Listed, Secured, Rated, Redeemable NCDs
- Face value: INR 1,00,000 each
- Issue size and allotted size: INR 3,50,00,000
- Allottee: LC VENTURE DEBT FUND
- Tenor: 18 Months; redemption on maturity, 1st April 2028
- Coupon: 1.00%, with interest of Rs 1,501 per debenture of Rs 100,000 over a coupon period of 548 days, payable on 01-04-2028 along with principal
- Listing: BSE Limited
Security
The NCDs are secured by all current assets (excluding receivables given to other lenders on exclusive charge) and fixed assets of the company, both present and future, including receivables, IP and brand.
Default clause
In case of delay beyond three months or default in payment of interest or principal, an additional 2% per annum over and above the coupon rate applies on the default amount.
What it means
This is a debt raise rather than an equity issue, so there is no dilution for existing shareholders. It adds borrowings of INR 3,50,00,000 to the company's books, repayable in a single bullet payment at maturity, with company assets charged as security. No special rights or privileges are attached to the instrument.
Also from Regency Fincorp
BSE approves listing of privately placed non-convertible debentures on debt market segment
7 Oct 2026
Board approves private placement of 65,000 secured listed NCDs worth Rs. 65 crore
5 Oct 2026
Board approves private placement of 65,000 Secured Rated Listed NCDs aggregating Rs 65,00,00,000
5 Oct 2026
More numbers
- Number of NCDs allotted350 (Three Hundred Fifty)
- Face value per NCDINR 1,00,000/-
- Aggregate issue sizeINR 3,50,00,000/-
- Coupon rate1.00%
- Tenor18 Months
- Interest amount per debenture1,501
- Days in coupon period548
- Default penalty over coupon rate2% per annum
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