Announced Sat, 27 Sept · 09:28 IST

Disclosure under regulation30 of SEBI(LODR) 2015, for the appointment of Statutory Auditor of the Company

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shareholders of Regal Entertainment & Consultants Ltd approved the appointment of M/s Rajesh Raj Gupta & Associates LLP, Chartered Accountants (Firm Reg. No. 026338N/N500357) as the new Statutory Auditor at the 33rd Annual General Meeting held on September 23, 2025. The new auditor will serve for a 5-year term, from the conclusion of the 33rd AGM until the conclusion of the 38th AGM. This appointment replaces M/s DBS & Associates, whose term had expired at the conclusion of the 33rd AGM. The new auditor firm is a Delhi-based partnership established in 2013 with branches in Pune, Chandigarh, Patna, and Jaipur, and experience across banking, manufacturing, IT, and other sectors.

Likely market impact

This is a routine, shareholder-approved auditor rotation following the natural expiry of the previous auditor's term. No governance red flags are evident, and the change is unlikely to have any material impact on the stock price.