Change in designation of Mr Sarfaraz Mallick from Executive Director to Whole time director.
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Regency Fincorp's board, at its meeting on 10th December 2025, approved changing Mr. Sarfaraz Mallick's designation from Executive Director to Whole Time Director. The board also formed a new 'Green Bond Committee' of five members to identify green projects and noted that the company's new registered office in Zirakpur, Punjab has come into effect from the same date. Separately, the board decided to issue call letters to warrant holders for the remaining 75% balance amount on convertible warrants allotted on 28th December 2024, which would convert them into fully paid equity shares. Lastly, the company approved a Rs. 10 lakh investment to acquire 100% of Regency Fin Technology Limited, a newly incorporated wholly owned subsidiary (incorporated 9th December 2025) that will operate in financial services ancillary activities.
These are largely administrative and strategic housekeeping items. The warrant call could result in fresh equity dilution once the 75% balance is paid and converted, while the new subsidiary signals expansion into ancillary financial services. Shareholders should watch for the actual share allotment from the warrant conversion, which will increase the equity base.