Regal Entertainment & Consultants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/03/2026 ,inter alia, to consider and approve to fix the ....
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Regal Entertainment & Consultants Ltd has postponed the meeting of its Rights Issue Committee originally scheduled for March 11, 2026 to March 16, 2026. The committee was set to finalise the record date, price, and entitlement ratio for the company's proposed Rights Issue. The reason for the delay is non-receipt of approval from BSE, which is still under process. This marks the eighth postponement in the series, based on references to multiple prior intimation letters dating back to February 2026.
Repeated delays in the Rights Issue Committee meeting suggest regulatory approvals are taking longer than expected, which may create uncertainty for existing shareholders awaiting clarity on the rights issue terms and timeline. The stock could see short-term volatility around the rescheduled date.