We hereby inform that the draft letter of offer for the Proposed right issue as approved by the Board of Directors in their meeting held on 04th february 2026 has been submitted to BSE. ....
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Awaiting price reaction for this filing.
Regal Entertainment & Consultants Limited, a non-deposit taking NBFC (ICC-Base Layer) focused on agro-based supply chain financing, has submitted the Draft Letter of Offer for a proposed Rights Issue to BSE. The issue will consist of fully paid-up equity shares of face value ₹10 each, aggregating up to ₹850 lakhs, offered to existing eligible shareholders on a rights basis. Key details like the issue price, share premium, entitlement ratio, and record date are yet to be disclosed (marked as [●] in the draft). Promoter Shreyash Vinodkumar Chaturvedi has indicated he will subscribe to 60-70% of his Rights Entitlement but will not apply for additional shares beyond that. Bigshare Services is the registrar, IndusInd Bank is the banker to the issue, and Acuite Ratings will act as monitoring agency.
Existing shareholders will need to decide whether to participate in the rights issue when it opens. If they don't subscribe, their stake will dilute proportionally. The ₹850 lakh capital raise could strengthen the company's lending capacity but may pressure short-term earnings per share due to the larger equity base. Watch for the final issue price and ratio once the Letter of Offer is filed.