Regal Entertainment & Consultants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/03/2026 ,inter alia, to consider and approve to fix the ....
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Regal Entertainment & Consultants Ltd has postponed its Rights Issue Committee meeting from March 5, 2026 to March 11, 2026. The meeting was intended to finalize the record date, price, and entitlement ratio for the company's upcoming rights issue. The delay is attributed to non-receipt of approval from BSE Limited, which is still under process. This marks the eighth consecutive postponement since February 4, 2026, suggesting prolonged regulatory hurdles in the rights issue process.
Repeated delays in finalizing the rights issue terms may create uncertainty for existing shareholders awaiting clarity on pricing and entitlement ratio. The ongoing postponements could erode investor confidence and postpone any capital infusion the company seeks.