BSERegency Fincorp LtdMediumNegative
Announced Sat, 19 Jul · 17:12 IST

Reply with respect to email received from BSE Limited dated 16th July, 2025 in respect to the discrepancy in corporate announcement submitted by the Company under Regulation 30 of SEBI ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Regency Fincorp has responded to a BSE query regarding a delay in disclosing the resignation of Company Secretary Ms. Shifaly Duggal under Regulation 30 of SEBI LODR. The company explains that the resignation was received late on a Sunday evening (6th July 2025), and there was confusion over the notice period due to a misprint in her appointment letter (24 hours instead of 24 working days). The company says it was communicating with her to continue until 20th July, but she cited urgent medical issues and did not report or hand over duties. The Board accepted her resignation in an emergent meeting on 15th July 2025. The company has requested the exchange to take a lenient view, calling the delay unintentional and unavoidable.

Likely market impact

This is a routine clarification to the stock exchange regarding a delayed filing related to a Company Secretary resignation. No penalty, fine, or regulatory action has been imposed, and there is no material impact on shareholders or the stock. The matter reflects a minor compliance lapse in disclosure timing rather than any corporate governance or financial issue.