16-Oct-2026 11:59:13
REGENCYAcquisition and merger
REGENCY FINCORP : PREFERENTIAL ISSUE WORTH RS 32 CR
• Board approved issue of ~1.43 Cr equity shares at ₹50.50/share, aggregating ~₹72.05 Cr • Board approved ~4.75 Cr warrants convertible into an equal number of equity shares at ₹50.50 each, aggregating ~₹240.11 Cr • Warrants convertible into equity within 18 months from allotment, in one or more tranches • Proceeds to fund acquisition of a company having a digital lending platform (up to ₹120 Cr) and a gold loan business (up to ₹150 Cr) • Balance for MSME onward lending (up to ₹32 Cr) and general corporate purposes (up to ₹10.15 Cr) • Authorised share capital to rise from ₹95 Cr to ₹152 Cr; issue subject to shareholders' approval at 2nd EGM on 11 November 2026
Regency Fincorp Ltd
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