16-Oct-2026 14:42:55
REGENCY FINCORP: BOARD APPROVES ₹312.15 CR FUNDRAISE FOR DIGITAL LENDING & GOLD LOAN ACQUISITIONS 🟢
• Fundraise: ₹312.15 Cr through preferential equity shares and convertible warrants at ₹50.50 per share. • Equity Issue: 1.43 Cr shares aggregating ₹72.05 Cr. • Warrants: 4.75 Cr warrants aggregating ₹240.11 Cr, convertible within 18 months. • Digital Lending Acquisition: Up to ₹120 Cr earmarked for acquiring a digital lending platform within one year. • Gold Loan Acquisition: Up to ₹75 Cr earmarked for acquiring a gold loan business within six months. • MSME Lending: ₹32 Cr proposed for expanding MSME lending over two years. • Promoter Holding: Company states the fundraise will not affect promoter shareholding, with fresh capital also being infused by promoters. Impact: Potentially Positive 🟢 — Fundraise could support acquisitions, lending expansion and business diversification.
REGENCY FINCORP LIMITED