Regal Entertainment & Consultants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/03/2026 ,inter alia, to consider and approve to fix the ....
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Regal Entertainment & Consultants Ltd has postponed its Rights Issue Committee meeting, which was originally set for March 02, 2026, to Thursday, March 05, 2026. The company cited non-receipt of BSE approval as the reason for the delay, stating the approval process is still ongoing. This is the sixth postponement, with prior letters dated February 04, 10, 13, 19, 24, and 27, 2026. The meeting's purpose remains to finalize the record date, price, and entitlement ratio for the upcoming Rights Issue. No specific details on issue size, price, or use of proceeds have been disclosed yet.
The repeated delays suggest procedural bottlenecks with BSE approval, which may create uncertainty for existing shareholders awaiting clarity on the rights issue terms. Shareholders should watch the March 5 meeting for confirmed pricing and entitlement ratio, as this will determine their participation and potential dilution.