Regency Fincorp Ltd to allot 25441660 Equity Shares and 4999996 Warrants

The Board of directors of Regency Fincorp Ltd have considered and decided to make allotment of 25441660 Equity Shares and 4999996 Warrants convertible into Equity shares on preferential basis at an Issue price of Rs.12/- per share (including Rs.2/- as premium) to all the allottees who have accorded their acceptance to the Letter of Offer issued by the Company for the preferential allotment and whose payment has been received within the Offer period which commenced from 8th August, 2023 and ended on 18th August, 2023.

Shares of Regency Fincorp Ltd was last trading in BSE at Rs. 10.48 as compared to the previous close of Rs. 10.58. The total number of shares traded during the day was 39114 in over 151 trades.

The stock hit an intraday high of Rs. 11.21 and intraday low of 10.31. The net turnover during the day was Rs. 419408.00.

Source : Equity Bulls

Keywords

RegencyFincorp INE964R01013 FundRaising PreferentialAllotment EquityShares ConvertibleWarrants