Reply with respect to email received from BSE limited dated 25th October, 2025 in respect to discrepancy in Corporate Announcement. Details as enclosed.
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Regency Fincorp Ltd has responded to a BSE query regarding a delay in disclosing the resignation of its Whole Time Director, Mr. Ashish Kamra. Under SEBI rules, such resignations must be reported to the stock exchange within 24 hours. The company explained that Mr. Kamra emailed his resignation on 18th October 2025, but the email went unattended during the Diwali holiday period (18th to 23rd October 2025). The resignation only came to the board's notice on 24th October 2025, after which the disclosure was filed immediately. The company has termed the delay as 'unintentional and inevitable' and requested BSE to take a lenient view. It also confirmed that the additional details required under the SEBI Circular dated 11th November 2024 were submitted along with the original announcement.
This is a routine compliance clarification and does not affect the company's financials or operations. However, repeated delays in regulatory disclosures could attract stricter scrutiny from BSE/SEBI and may concern investors about the company's internal communication and compliance systems. Shareholders should note the leadership change — Mr. Ashish Kamra has stepped down as Whole Time Director.