The Board has considered to change the Registered Office of the Company within the same City. Details as enclosed
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Awaiting price reaction for this filing.
The Board of Regency Fincorp approved issuing call letters to warrant holders for the remaining 75% of the issue price on convertible warrants allotted on December 28, 2024 (only 25% had been received at the time of allotment). This is the final step toward converting those warrants into fully paid-up equity shares. Separately, the company is shifting its registered office within Zirakpur, Punjab to a new address on Airport Road. No changes to business operations or city are involved in the office move.
Calling the balance 75% moves warrant holders closer to full conversion into equity, which may lead to dilution for existing shareholders once the shares are allotted. The registered office shift is purely administrative and unlikely to affect the stock price.