Board considered and approved investment in Regency Fin Technology Limited
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Regency Fincorp's board, meeting on 10th December 2025, approved multiple items. The key decision is investing Rs. 10 lakh to set up a 100% wholly-owned subsidiary called Regency Fin Technology Limited, incorporated on 9th December 2025, which will operate in activities auxiliary to financial services. The subsidiary will make Regency Fincorp a related party to the new entity, with promoter and MD Gaurav Kumar serving as its director. Separately, Mr. Sarfaraz Mallick's designation was changed from Executive Director to Whole Time Director, a Green Bond Committee was formed, a new registered office in Zirakpur (Punjab) came into effect, and call letters will be issued to warrant holders to recover the remaining 75% balance from a December 2024 preferential warrant allotment.
For shareholders, this signals a strategic diversification move into financial services auxiliaries, though the initial Rs. 10 lakh investment is small and the subsidiary is newly incorporated with no operating history. The warrant call could bring in additional capital if holders convert, leading to potential equity dilution.