Regency Fincorp raises Rs 10 crore via NCDs

Regency Fincorp has raised Rs 10 crore through the allotment of 1000 15% Listed, Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) through private placement having Face Value of Rs 1,00,000, to LC Venture Debt Fund. These NCDs carry an annual coupon rate of 15%. The Board of Directors of the company at their meeting held on June 2, 2026 has inter alia considered and approved the same.   

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.