Regency Fincorp Ltd

NCD listing approval

• BSE approved listing of Regency Fincorp's privately placed non-convertible debentures on the Debt Market.
• Notice No. 2026082125 dated 21 August 2026 confirms the approval.
• Listing is on the BSE Debt Market Segment.
• No size or monetary value of the issue disclosed.

NCD issuances overview

• Two secured NCD issuances aggregating Rs 110 crore via private placement.
• Rs 50 crore issue: up to 50,000 units, Rs 10,000 face value.
• 13% p.a. coupon, monthly, 36-month tenure; 1.35x security cover.
• Rs 60 crore issue: up to 60,000 units, Rs 10,000 face value.
• 50% p.a. coupon, monthly, 15-month tenure; 1.25x security cover.
• Funding base strengthened to support growth plans.

Corrected NCD issuance details

• Corrected NCD issuance size: 50,000 units aggregating INR 50 crore.
• Base issue: 25,000 NCDs at INR 10,000 each, aggregating INR 25 crore.
• Green Shoe option: 25,000 NCDs at INR 10,000 each, aggregating INR 25 crore.
• Proposed listing on BSE Limited.
• Tenor: 36 months from deemed allotment; actual allotment after bidding window.
• Coupon: 13% per annum, payable monthly.
• Repayment: 20% principal at end of months 32–36 in five installments.
• Security: 1.35x security cover from secured receivables with 0 DPD.
• Default interest: 3% per annum over coupon on overdue amounts.
• All other terms unchanged from the Board disclosure.

NCD issue approved

• Issuance of 35,000 NCDs at ₹10,000 each aggregating ₹35 crore via private placement.

Issuance structure

• Base issue 20,000 NCDs; Green Shoe 15,000 NCDs; listed on BSE; 36-month tenure; 13% coupon.

Trustee appointment

• Catalyst Trusteeship Limited appointed as Trustee for the NCD issue.

Merchant banker appointment

• Horizon Management Pvt Ltd appointed as Merchant Banker for the NCD issue.

NCD private placement corrigendum

• Corrects issuance size: 60,000 NCDs at INR 10,000 face value, aggregating INR 60 crore.
• Previously disclosed as 50,000 NCDs and INR 50 crore; correction limited to size and amount.
• NCDs are secured, rated, listed, non-convertible; privately placed with listing proposed on BSE.
• Tenure: 15 months from deemed allotment; maturity: 15 months from actual allotment.
• Allotment after bidding closes; settlement date as per master circular.
• Coupon: 13.50% per annum; interest payable monthly; principal repayments quarterly.
• Security cover at least 1.25x, with 125% from principal receivables.
• Delay in interest/principal payments: 5% per month from due date.
• Listing status: Yes, on BSE Limited.
• Other terms remain unchanged from the 13 August 2026 board outcome.

Instrument and issuance

• Type: Secured, rated, listed non-convertible debentures (NCDs).
• Issuance: Private placement of 50,000 NCDs aggregating INR 50 crore.
• Face value: INR 10,000 per NCD.
• Size: 50,000 NCDs totaling INR 50 crore.
• Trustee: Catalyst Trusteeship Limited; Merchant Banker: Credora Partners Private Limited.
• Listing: Proposed listing on BSE Limited.
• Not convertible: NCDs are non-convertible.
• Tenure: 15 months from deemed allotment; maturity: 15 months from allotment.
• Coupon: 13.50% per annum, payable monthly.
• Security: 1.25x cover; at least 125% of outstanding amounts from principal receivables.
• Default: 5% per month on overdue payments.

Meeting Details

• Date: 17 August 2026; time and venue not disclosed.

Key Agenda Items

• Issue of listed/redeemable NCDs via private placement to residents and non-residents.
• Appointment of Debenture Trustee for the NCD issue.

Issuance of NCDs

• Allotment Committee approved private placement of 30,000 14% NCDs aggregating INR 30 crore.
• NCDs allotted to Ambium Finsserve Private Limited and Wintwealth Debt Fund.
• Tenor 12 months 5 days; maturity 16 August 2027.
• Issue price INR 10,000 per debenture; total INR 30 crore.
• Security: 1.25x first ranking exclusive charge over hypothecated assets; 1.25x cover, 100% principal receivables.
• Listing: Yes, on BSE Limited.
• Redemption details: 370 days; monthly interest; 99% principal at end of 6 months; 1% at maturity.
• Date of allotment: 11 August 2026.

Meeting Details

• Board meeting scheduled for 13 August 2026.
• Time and venue not disclosed.

Key Agenda Items

• Issue listed NCDs by private placement to residents and non-residents.
• Appointment of Debenture Trustee for NCD issue.

Other Notes

• No additional material notes disclosed.