16-Oct-2026 17:44:02
REGENCYAcquisition and merger
REGENCY FINCORP : BOARD APPROVES FUNDRAISE WORTH OVER RS 72.05 CR
• Board approved preferential issuance of 1,42,66,412 equity shares at ₹50.50/share (face value ₹10), aggregating ~₹72.05 Cr • Includes 4,75,46,030 convertible warrants at ₹50.50 each aggregating ~₹240.11 Cr; each convertible into one equity share within 18 months of allotment • Up to ~₹125 Cr earmarked to acquire a company with a digital lending platform within 1 year, up to ~₹75 Cr for a company with a gold loan business within 6 months • ~₹65 Cr to be deployed towards onward lending for MSME loans over two years, ~₹47.15 Cr for general corporate purposes • Share capital expected to rise to ₹152 Cr in a phased manner; promoter shareholding unaffected as promoters infused fresh capital
Regency Fincorp Ltd
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