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Regency Fincorp Raises INR250 Million Through Debenture Allotment

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-- Regency Fincorp (BOM:540175) raised 250 million Indian rupees through the allotment of non-convertible debentures on a private placement basis to LC Capital India, according to a BSE filing on Thursday.

The company allotted 25,000 listed, secured, rated, redeemable non-convertible debentures at a coupon rate of 14% per annum.

The debentures are proposed to be listed on the BSE and mature on June 23, 2027.

The company's shares were up nearly 2% in recent trade.

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