The Right Issue Committee Meeting of the Board which is scheduled to be held on 02nd March 2026 is being postponed and rescheduled to 05th March 2026, inter alia, to consider and approve ....
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Regal Entertainment & Consultants Ltd has postponed its Rights Issue Committee meeting, originally scheduled for March 2, 2026, to March 5, 2026. The meeting was supposed to finalize the record date, price, and entitlement ratio for the upcoming Rights Issue. The reason for the delay is that the company is still awaiting approval from BSE Limited, which is currently under process. Notably, this is the sixth postponement in less than a month (previous dates include Feb 4, 10, 13, 19, 24, and 27, 2026), suggesting prolonged regulatory engagement or internal deliberations.
Repeated delays in the Rights Issue committee meeting may create uncertainty for existing shareholders awaiting clarity on the rights entitlement ratio and pricing. Investors should monitor for the rescheduled meeting outcome, as continued postponements could signal regulatory or strategic challenges with the capital raise.