Announced Thu, 19 Mar · 12:19 IST

The Right Issue Committee of the company has considered and approved the terms of the Right Issue of equity shares.

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+9.4%1-day move
₹28.82
prior close
₹29.70
base price
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+0.6+1.9+1.9+1.9+9.4+14.8+20.5-23.0-20.3-28.5-31.2-31.1-33.5
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AI summary

The Rights Issue Committee of Regal Entertainment & Consultants Ltd has approved the terms of a Rights Issue of 58,36,990 fully paid-up equity shares of face value ₹10 each at an issue price of ₹14 per share (including a ₹4 premium). The total issue size is up to ₹817.18 lakh assuming full subscription. Eligible shareholders can subscribe in the ratio of 19 rights shares for every 10 shares held. The record date is March 25, 2026, with the issue opening on April 7, 2026 and closing on April 20, 2026. Post-issue, the total equity share count will rise from 30.72 lakh to 89.09 lakh shares, nearly tripling the share base. The Letter of Offer will be filed with BSE and dispatched to eligible shareholders.

Likely market impact

Eligible shareholders will need to decide whether to subscribe, renounce, or let their entitlements lapse by April 20, 2026. If shareholders do not participate, their effective stake will be diluted significantly since the share count will almost triple. The pricing at a modest premium to face value is relatively attractive, but the purpose of fundraising is not disclosed in this filing.