Regal Entertainment & Consultants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 ,inter alia, to consider and approve to fix the ....
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Regal Entertainment & Consultants Ltd has postponed its Rights Issue Committee meeting originally set for February 27, 2026, and rescheduled it to Monday, March 02, 2026. The meeting was intended to finalize the record date, issue price, and entitlement ratio for the company's proposed Rights Issue. The delay is due to non-receipt of approval from BSE Limited, which is still under process. This is the sixth consecutive postponement, with prior dates including February 04, 10, 13, 19, and 24, 2026, indicating repeated regulatory hurdles in pushing the rights issue forward.
Repeated delays in the rights issue process may cause uncertainty for existing shareholders awaiting the entitlement terms. The inability to secure BSE approval so far raises execution risk concerns, though the company appears committed to proceeding once approval is received.