OUTCOME OF THE BOARD MEETING HELD ON 04TH FEBRUARY 2026
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The Board of Directors of Regal Entertainment & Consultants Ltd, at its meeting held on February 4, 2026, approved a Rights Issue of fully paid-up equity shares with a face value of ₹10 each, aimed at raising an aggregate amount not exceeding ₹850 Lakhs. The issue will be offered to existing eligible equity shareholders of the company as on a record date, which is yet to be notified. The Board also approved the constitution of a Rights Issue Committee to oversee the issue and allotment process, and cleared the Draft Letter of Offer. The company will comply with the Companies Act, 2013 and applicable SEBI regulations while carrying out the issue. The board meeting ran from 10:30 AM to 11:00 AM IST.
Eligible shareholders will get a chance to subscribe to the Rights Issue and maintain their proportionate ownership in the company. Those who do not participate risk dilution of their stake, while the fresh capital may be used for growth or strengthening the balance sheet, which could have a positive effect if deployed productively.