Description
BSE announces listing of 5,870,150 new equity shares of Regency Fincorp Limited issued through preferential allotment pursuant to warrant conversion, effective August 22, 2025.
Summary
BSE has approved the listing of 5,870,150 new equity shares of REGENCY FINCORP LIMITED (Scrip Code: 540175) issued through preferential allotment to promoters and non-promoters pursuant to warrant conversion. The shares will commence trading on August 22, 2025.
Key Points
- 5,870,150 new equity shares of Rs. 10/- each issued at premium of Rs. 12/-
- Issue price: Rs. 22/- per share
- Shares issued to both promoters and non-promoters on preferential basis
- Securities rank pari-passu with existing equity shares
- Distribution numbers: 63594559 to 69464708
- Date of allotment: June 13, 2025
- ISIN: INE964R01013
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the new securities for trading operations
- Lock-in provisions must be observed as specified
- Standard listing compliance requirements apply
Important Dates
- Allotment Date: June 13, 2025
- Trading Commencement: August 22, 2025
- Lock-in Expiry (Batch 1): March 31, 2026 (5,264,090 shares)
- Lock-in Expiry (Batch 2): March 31, 2027 (606,060 shares)
Impact Assessment
The preferential allotment represents significant equity dilution for existing shareholders. The staggered lock-in periods indicate different investor categories, with majority shares locked until March 2026. The Rs. 22 issue price represents the market valuation at the time of warrant conversion. Trading members should adjust their systems for the expanded share capital.
Impact Justification
Significant equity dilution through preferential allotment affecting existing shareholders