SUBMISSION OF REVISED DRAFT LETTER OF OFFER DATED FEBRUARY 04, 2026 OF REGAL ENTERTAINMENT AND CONSULTANTS LIMITED.
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Regal Entertainment & Consultants Ltd has submitted a Revised Draft Letter of Offer dated February 04, 2026 to BSE, incorporating modifications suggested by the exchange. The company is proposing a Rights Issue of fully paid-up equity shares of face value ₹10 each, aggregating up to ₹850 lakhs, to be offered to existing eligible equity shareholders on a rights basis. The company is a non-deposit taking NBFC categorized as an Investment and Credit Company (ICC-NBFC–Base Layer), focused on agro-based supply chain financing. The promoter, Mr. Shreyash Vinodkumar Chaturvedi, has confirmed he will partially subscribe to his rights entitlement and may renounce the balance. Key dates such as record date, issue opening/closing dates, and ratio of rights shares remain to be finalized.
This is a capital-raising move that could lead to dilution for existing shareholders if they choose not to subscribe to their full entitlement. Shareholders should evaluate the use of proceeds (to be detailed in the final Letter of Offer) and decide whether to subscribe, renounce, or let their rights lapse. The revision suggests BSE has reviewed the draft and the issue is progressing toward launch.