Newspaper Publication regarding Results of E-Voting/Remote E-Voting process for the 1st EGM for the FY 2025-26 held on Thursday, 24th April, 2025.
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Regency Fincorp Limited filed newspaper clippings confirming the results of e-voting and remote e-voting at its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-26, held on April 24, 2025. The EGM considered four special resolutions, all of which were approved: (1) Change in designation and remuneration of Mr. Sarfaraz Mafick (DIN: 10255433) from Non-Executive Director to Executive Director (100% approval), (2) Issue of secured/unsecured, listed/unlisted redeemable non-convertible debentures on private placement basis to residents and non-residents (89.68% approval), (3) Revision in terms of loan agreements with various entities (100% approval), and (4) Ratification of contents of a prior EGM notice dated October 3, 2024 (100% approval). The publication appeared in Financial Express (Chandigarh Edition) and Desh Sevak (Chandigarh Edition) on April 25, 2025, as required under SEBI LODR Regulation 47. Scrutinizer Shailendra Kumar Roy, Practicing Company Secretary, oversaw the voting process.
Shareholders should note three key corporate developments: a board-level change (executive director appointment), authorisation to raise funds through privately placed debentures, and revisions to existing loan terms. The fundraising resolution passed with the lowest approval (89.68%), suggesting some dissent, though all resolutions cleared the required threshold. These changes could affect capital structure, director remuneration, and lender relationships going forward.