Disclosure under regulation 30 of SEBI( LODR) 2015 for the reconstitution of Board Level Committees of the Company
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Awaiting price reaction for this filing.
Regal Entertainment & Consultants has reconstituted three board committees — Nomination & Remuneration, Stakeholders Relationship, and Enterprise Risk Management — following changes made at its May 29, 2025 board meeting. Independent Director Shri Mehul Velyibhai Jayant Patel ceased from all three committees effective April 22, 2025, and was replaced by Shri Sudeb Sarbadhikary (Independent Director) in the NRC and as Chairman of the Stakeholders Relationship Committee. Shri Satbir Singh, Vice President, was also inducted into the Enterprise Risk Management Committee. The Managing Director & CFO, Shri Shreyash Vinodkumar Chaturvedi, continues on the committees unaffected. The reconstitution appears to be a routine governance reshuffle to fill committee seats left vacant after Patel's exit.
This is a routine committee-level governance update and is unlikely to materially affect the stock price or shareholder value. Shareholders should watch for any separate filing confirming whether Shri Mehul Patel has also resigned from the board entirely, which could signal broader governance changes.