RFRegency Fincorp540175Preferential allotment

Board approves ~₹312.15 crore fundraise via preferential issue of equity shares and convertible warrants

Board approves ~₹312.15 crore fundraise via preferential issue — ~1.43 crore equity shares at ₹50.50 each (~₹72.05 crore) and ~4.75 crore convertible warrants at ₹50.50 each (~₹240.11 crore) — for acquisitions and lending.

By ScoutQuest · Fri 16 Oct 2026, 2:38 PM IST · 2 min read

Total fundraise approved

~₹312.15 crore via preferential issue of equity shares and convertible warrants

Equity shares portion

~1.43 crore equity shares at ₹50.50 each (~₹72.05 crore)

Convertible warrants portion

~4.75 crore convertible warrants at ₹50.50 each (~₹240.11 crore)

Fundraise at a glance

• The board has approved a fundraise of ~₹312.15 crore through the preferential issuance of equity shares and warrants convertible into equity shares.
• The proposed issuance comprises ~1.43 crore equity shares at ₹50.50 per share, with a face value of ₹10 per share, aggregating ~₹72.05 crore.
• It also comprises ~4.75 crore convertible warrants at ₹50.50 per warrant, aggregating ~₹240.11 crore.
• Each warrant will be convertible into one equity share within 18 months from the date of allotment, subject to applicable terms and conditions.
• The fundraise is subject to shareholder and other applicable approvals.

Where the money is proposed to be used

• Up to ~₹120 crore for acquiring a company with a digital lending platform, within 1 year.
• Up to ~₹75 crore for acquiring a company with a gold loan business, within 6 months.
• ₹32 crore proposed to be deployed towards onward lending for MSME loans over two years.
• ₹10.15 crore allocated for general corporate purposes over the same period.

Other points from the release

• Post the fund raise, the share capital is expected to increase to ₹152 crore in a phased manner.
• The proposed preferential issue includes 61 proposed allottees for equity shares and 56 proposed allottees for convertible warrants, across promoter and public categories.
• The proposed fundraise will not affect the promoters' shareholding, as fresh capital has been infused by the promoters.
• The company describes itself as a non-banking financial company (NBFC) providing financial products and lending solutions to retail customers, MSMEs and emerging businesses.
• The Chief Financial Officer, in the release, said the proposed fundraise is intended to strengthen the capital base and support strategic priorities, including the proposed acquisitions of a company with a digital lending platform and a company with an established gold loan business, alongside MSME lending operations.

What investors may note

• This is a board approval; the preferential issue is subject to shareholder and other applicable approvals.
• The release sets out the intended deployment of the proceeds, including acquisitions that the company says are proposed, within stated time frames.
• Conversion of the warrants into equity shares would happen within 18 months from allotment, which has a bearing on the equity base over time.
• The company states the fundraise is aimed at diversifying its lending portfolio and expanding business scale.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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