Board approves private placement of 65,000 Secured Rated Listed NCDs aggregating Rs 65,00,00,000

Board meeting on 05 October 2026 approved issuance of 65,000 units of Secured, Rated, Listed, Non-Convertible Debentures of face value INR 10,000 each, aggregating INR 65,00,00,000 (Indian Rupees Sixty-Five Crores Only).

Mon 5 Oct 2026

Total Issue Size

INR 65,00,00,000 (Indian Rupees Sixty-Five Crores Only)

Units Issued

65,000 units of Secured, Rated, Listed, Non-Convertible Debentures

Face Value per Unit

INR 10,000 each

Base Issue / Green Shoe Option

Base Issue: 25,000 units, aggregating INR 25,00,00,000; Green Shoe Option: 40,000 units, aggregating INR 40,00,00,000

Tenure and Coupon

Tenure: 18 months; interest 12.00% per annum payable monthly

Regency Fincorp Ltd's board met on Monday, 05 October 2026 from 04:30 P.M. to 05:00 P.M. The meeting considered and approved raising funds by issuing Non-Convertible Debentures (NCDs) to private investors, and also approved the trustee and the merchant banker for the issue.

What the board approved

• Issuance of 65,000 units of Secured, Rated, Listed, Non-Convertible Debentures
• Face value of INR 10,000 per unit
• Total amount: INR 65,00,00,000 (Indian Rupees Sixty-Five Crores Only)
• Route: private placement

The issue has two parts

• Base Issue: 25,000 units of face value INR 10,000 each, aggregating INR 25,00,00,000 (Indian Rupees Twenty-Five Crore Only)
• Green Shoe Option: 40,000 units of face value INR 10,000 each, aggregating INR 40,00,00,000 (Indian Rupees Forty Crore Only)

A green shoe option is an extra portion that can be issued over and above the base issue.

Key terms of the debentures

• Tenure: 18 months from the Deemed Date of Allotment
• Interest offered: 12.00% per annum, payable monthly
• Schedule of principal payment: on maturity
• Special rights, interest or privileges attached to the instrument: None
• Security cover ratio: 1.25x of the amounts outstanding under the debentures, including but not limited to principal and interest

How the security cover is built

At least 1.25 times or 125% of the security cover is from MSME Secured Loan receivables of the company, comprising 75%, and CashMySalary digital receivables, comprising 25%.

If payment is delayed

In case of default in payment of interest and/or principal redemption on the due dates, 5% (Five per cent) per month is payable from the date of default, over and above the applicable coupon rate, on the outstanding principal amount, for the period of default.

Who is involved, and where it lists

• Trustee: Catalyst Trusteeship Limited
• Merchant Banker: Credora Partners Private Limited
• The debentures are proposed to be listed on BSE Limited
• Allotment of the NCDs will be done after the closure of bidding time, on the settlement date, as they are privately placed through an Electronic Book Provider

What this means in simple terms

The company is borrowing money by selling debentures to private investors, promising to pay interest every month and to repay the principal on maturity. These are debt instruments, so the issue does not change the company's equity share capital. The borrowing is secured, with the security cover built mainly from the company's MSME secured loan receivables and CashMySalary digital receivables.

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