Disclosure under regulation 30 of SEBI(LODR) 2015, Adoption of a new set of MOA & AOA and increasing the Authorised share capital of the company & Alteration in the MOA.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 33rd Annual General Meeting held on 23rd September 2025, shareholders of Regal Entertainment & Consultants Ltd approved adopting a new set of Memorandum of Association and Articles of Association to align with the Companies Act, 2013. The company also increased its authorized share capital from Rs. 9 crore (5 lakh equity shares of Rs. 10 + 40 lakh preference shares of Rs. 10) to Rs. 14 crore (1 crore equity shares of Rs. 10 + 40 lakh preference shares of Rs. 10). The face value of shares remains unchanged at Rs. 10. This effectively doubles the room for issuing fresh equity shares in the future. No main objects of the company were changed.
For existing shareholders, the authorized capital increase gives the board more flexibility to issue new equity shares later, which could lead to potential dilution depending on future fundraising plans. By itself, this filing does not change anything for current shareholders and is largely a housekeeping and capacity-building step.