Regency Fincorp540175EGM date declared

EGM on 11 Nov 2026 to vote on share capital increase, preferential issue, convertible warrants and ESOP 2026

Regency Fincorp's 2nd EGM for FY 2026-27 is on Wednesday, 11 November 2026 at 01:00 P.M. (IST) through video conferencing.

By ScoutQuest · Mon 19 Oct 2026, 6:56 PM IST · 3 min read

EGM date: 11 November 2026 at 01:00 P.M. (IST) through video conferencing
Authorised share capital proposed: Rs. 152,00,00,000
Preferential issue: up to 1,42,66,412 shares at INR 50.50/- each, aggregating INR 72,04,53,806/-

What this update is about

Regency Fincorp Ltd has informed the exchanges that its 2nd Extra-Ordinary General Meeting (EGM) for the financial year 2026-27 will be held on Wednesday, 11 November 2026 at 01:00 P.M. (IST), through video conferencing and other audio-visual means. The notice and explanatory statement set out four items of business, each proposed as a Special Resolution.

Voting window

Remote e-voting opens on Sunday, 08 November 2026 at 9:00 A.M. and closes on Tuesday, 10 November 2026 at 5:00 P.M.
Shareholders can also vote electronically at the EGM itself.

1) Increase in authorised share capital

The company proposes to raise its authorised share capital to Rs. 152,00,00,000, by creating additional equity shares, and to replace Clause V of the Memorandum of Association to reflect the new figure. Authorised capital is the ceiling up to which a company can issue shares; it is not money raised.

2) Preferential issue of equity shares

Up to 1,42,66,412 equity shares at an issue price of INR 50.50/- per share, for cash, aggregating INR 72,04,53,806/-, to promoters and to non-promoter/public category shareholders.
Separately, outstanding unsecured loans aggregating INR 23,38,22,979/- are proposed to be converted into equity shares, so lenders in this list receive shares instead of repayment.
The allottee list includes public-category names such as Cosmos Investfi Asset Management LLP, Max Bio Biosciences Private Limited and Zeal Global Opportunities Fund, and promoter-category names including Srishti Abrol and Annaya Management Consultancy Private Limited.
The "Relevant Date" for pricing under the ICDR Regulations is stated as Monday, 12 October 2026. Allotment is proposed within 15 days of receipt of members' approval.

3) Warrants convertible into equity shares

Up to 4,75,46,030 warrants, convertible into equity shares, at INR 50.50/- per warrant, aggregating INR 2,40,10,74,515/-.
Promoter-category allottees include Gaurav Kumar, Neha Abrol and Regency Digitrade Investment Private Limited. Public-category names include Growfast Securities & Credit Private Limited, Ecomatix Solutions Private Limited, Boolean Ventura Private Limited and Sunrise Investment Opportunities Fund.
A warrant is a right to get a share later on payment. Until a warrant is converted, it does not carry voting rights in respect of those shares.

4) ESOP 2026

Introduction of the "Regency Fincorp Limited - Employees Stock Option Scheme 2026", with not more than 1,00,00,000 options, exercisable into not more than 1,00,00,000 equity shares of face value Rs. 10 each.
The scheme is to be administered by the Nomination and Remuneration Committee. Options are meant for eligible employees and directors, with promoters, the promoter group and independent directors kept out of the scheme.

What it means in simple terms

All four items are Special Resolutions, which need a higher level of shareholder approval than ordinary resolutions.
A preferential issue, convertible warrants and an ESOP all create or can later create additional equity shares. When more shares are issued, an existing shareholder's percentage stake in the company can come down unless they also participate.
The loan conversion turns debt into shares rather than cash coming in, while the cash preferential issue and the warrants are proposed to bring in fresh funds if approved and allotted.
The actual allotment of shares and warrants is subject to member approval and to receipt of applicable regulatory and exchange approvals, as stated in the resolutions.

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