The right issue committee meeting of the Board, which is scheduled to be held on 19th February 2026, is being postponed and rescheduled to 24th February 2026, inter alia, consider and approve ....
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Regal Entertainment & Consultants Ltd has postponed its Rights Issue Committee meeting originally scheduled for February 19, 2026, and rescheduled it to February 24, 2026. The meeting was meant to decide on key details of the proposed Rights Issue, including the record date, price, and entitlement ratio. The company says the delay is due to non-receipt of approval from BSE, which is still under process. This is the fourth postponement, with earlier deferrals on February 4, February 10, and February 13, 2026.
The repeated postponements suggest the rights issue is taking longer than expected to clear regulatory hurdles, which may cause uncertainty for shareholders awaiting clarity on price and entitlement ratio. Short-term sentiment could be mildly negative due to the delay, though no terms have changed yet.