Announced Thu, 23 Apr · 15:47 IST

Disclosure of Shareholding in terms of Regulation 29(1) of SEBI (SAST) Regulations, 2011

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹17.44
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-11.2-8.6-4.1-7.4-6.9+5.7-3.6-8.2-4.0
Up moveDown movePending
AI summary

Blue Ocean Strategic Advisors Private Limited, along with PACs Nisha Gupta and Northern Lights Ventures Private Limited, acquired 16,70,000 equity shares (18.74%) in Regal Entertainment & Consultants Limited through a Rights Issue on April 22, 2026. Prior to this acquisition, their combined holding was only 1.51% (1,34,386 shares). Post-acquisition, their total holding jumped to 20.24% (18,04,386 shares). The target company's share capital expanded from 30,72,100 to 89,09,090 equity shares as a result of the rights issue, effectively diluting all existing shareholders significantly. Blue Ocean, Nisha Gupta, and Northern Lights are NOT part of the promoter group of the target company.

Likely market impact

A non-promoter entity (Blue Ocean + PACs) has accumulated a 20.24% stake through a rights issue, crossing the 20% threshold. This represents a significant strategic stake purchase and is likely to attract market attention, especially given the large capital expansion diluting other shareholders.