16-Oct-2026 14:38:24
REGENCY FINCORP : BOARD APPROVES FUNDRAISE WORTH RS 32 CR
• Board approval for ~₹312.15 Cr raise via preferential issuance of equity shares and warrants convertible into equity, subject to shareholder and other applicable approvals • Comprises 1,42,66,412 equity shares at ₹50.50/share (~₹72.05 Cr, face value ₹10) and 4,75,46,030 convertible warrants at ₹50.50 each (~₹240.11 Cr) • Each warrant convertible into one equity share within 18 months from date of allotment • Up to ~₹120 Cr earmarked to acquire a company with a digital lending platform within 1 year and up to ~₹75 Cr for a gold loan business within 6 months • ₹32 Cr proposed for onward MSME lending over two years; ₹10.15 Cr for general corporate purposes • Post-raise share capital expected to rise to ₹152 Cr in a phased manner; promoter shareholding unaffected as fresh capital infused by promoters
Regency Fincorp Ltd
Open attachment