Regency Fincorp has raised Rs 25 crore through the allotment of 2,500 14% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs), having a face value of Rs 1,00,000 per Debenture on private placement basis, to LC Capital India. These NCDs carry an annual coupon rate of 14%.
The company offer flexible, short-term loans that can be used to purchase inventory, business expansion, mining equipment’s loans for Plant and Machinery, Office furniture, display panels, office automation like PCs, laptops and printers.
