Regal Entertainment & Consultants Limited has published mandatory newspaper advertisements regarding its upcoming rights issue, marking a significant corporate action for the Mumbai-based entertainment and consultancy firm. The advertisements were published on April 1, 2026, in compliance with SEBI ICDR Regulations.
Rights Issue Details
The company is offering up to 58,36,990 equity shares of face value ₹10 each at an issue price of ₹14 per share, which includes a share premium of ₹4 per equity share. The issue aggregates up to ₹817.18 lakhs, assuming full subscription.
Parameter: Details Issue Size: Up to 58,36,990 equity shares Face Value: ₹10 per share Issue Price: ₹14 per share Share Premium: ₹4 per share Total Amount: Up to ₹817.18 lakhs Rights Ratio: 19:10 Record Date: March 25, 2026
Issue Timeline
The rights issue follows a structured timeline with specific dates for various activities. Eligible equity shareholders need to be aware of these critical dates for participation.
Event: Date Issue Opens: April 7, 2026 Last Date for On-Market Renunciation: April 15, 2026 Issue Closes: April 20, 2026 Rights Entitlements Credit: March 27, 2026 LOF Dispatch (Email): March 27, 2026 LOF Dispatch (Post): March 30, 2026
Application Process and ASBA Requirements
All investors must apply through the Application Supported by Blocked Amount (ASBA) process as mandated by SEBI ICDR Regulations. The company emphasizes that ASBA is a "Simple, Safe, Smart way of Application" that blocks funds in the investor's bank account rather than requiring upfront payment.
Eligible equity shareholders can submit applications through:
Designated branches of Self Certified Syndicate Banks (SCSB)
Online electronic applications through SCSB websites (where available)
Plain paper applications in case of non-receipt of application forms
Rights Entitlements and Demat Requirements
Rights entitlements have been credited to eligible shareholders' demat accounts under ISIN INE101E20010 on March 27, 2026. The company has established a separate demat suspense account for shareholders whose demat details are unavailable or who hold shares in physical form.
Important conditions for rights entitlements:
All allotments will be made in dematerialised form only
Physical shareholders must provide demat details at least two working days before issue closing
Unexercised rights will lapse after the issue closing date
Renunciation is permitted through on-market and off-market transfers
Specific Investors and Regulatory Compliance
The company has identified specific investors under SEBI regulations, including Northern Lights Ventures Private Limited with 7,20,000 rights entitlements related to promoter Shreyash Vinodkumar Chaturvedi.
Service Provider: Details Registrar: Bigshare Services Pvt. Ltd. Bankers to Issue: Indus Bank Limited Monitoring Agency: Accl Ratings & Research Limited Stock Exchange: BSE Limited
Company Background
Regal Entertainment & Consultants Limited was originally incorporated as "Regal Finance and Consultants Private Limited" in January 1992. The company converted to a public limited company in November 1994 and changed its name to the current form in October 2020. The company operates from its registered office at Horniman Circle Chambers in Fort, Mumbai, with Vineet Kharkwal serving as Company Secretary and Compliance Officer.
The Letter of Offer dated March 23, 2026, is available on the websites of BSE Limited, the company, and the registrar. Investors are advised to carefully review the risk factors section beginning on page 16 of the Letter of Offer before making investment decisions.
Regal Entertainment & Consultants Limited has received the ISIN (International Securities Identification Number) for its rights entitlements following the successful conclusion of its Rights Issue Committee meeting. The company has officially confirmed March 25, 2026 as the record date for its rights issue and notified BSE Limited of the ISIN allocation under Regulation 30.
ISIN Allocation for Rights Entitlements
Following the Rights Issue Committee meeting held on March 19, 2026, the company has received the official ISIN for rights entitlements. Company Secretary Vineet Kharkwal communicated the ISIN details to BSE Limited on March 20, 2026, ensuring regulatory compliance for the upcoming rights offering.
ISIN Details: Information Issuer Name: Regal Entertainment & Consultants Limited ISIN Code: INE101E20010 Security Description: Rights Entitlements for fully Paid-Up Equity Shares of ₹10.00 each Security Type: Rights Entitlement Communication Date: March 20, 2026
Rights Issue Committee Meeting Outcome
The Rights Issue Committee meeting, held on March 19, 2026, commenced at 10:30 AM and concluded at 12:00 Noon. The committee considered and approved comprehensive terms for the rights issue following the In-Principle approval received from BSE Limited vide Reference No: LOD/RIGHT/GB/FIP/1892/2025-26 dated March 16, 2026.
Rights Issue Parameters: Details Total Shares Offered: 58,36,990 equity shares Issue Price: ₹14.00 per share (₹4.00 premium) Face Value: ₹10.00 per share Maximum Amount: ₹817.18 lakh Entitlement Ratio: 19:10 (19 rights shares for every 10 held)
Official Record Date and Regulatory Framework
Pursuant to Regulation 42 of SEBI Listing Regulations read with Regulation 68 of SEBI ICDR Regulations 2018, the company has fixed Wednesday, March 25, 2026 as the record date. This date will determine shareholders eligible to receive rights entitlements under the rights issue.
Record Date Details: Information Record Date: March 25, 2026 (Wednesday) Regulatory Framework: SEBI Listing Regulations 42 & ICDR 68 Filing Authority: BSE Limited Scrip Code: 531033 Committee Meeting Date: March 19, 2026
Rights Issue Timeline and Schedule
The committee has established a comprehensive timeline for the rights issue process, with the issue opening on April 7, 2026. Rights entitlements will be credited to eligible shareholders' demat accounts prior to the issue opening date, ensuring seamless participation in the offering.
Rights Issue Schedule: Dates Record Date: March 25, 2026 Issue Opening: April 7, 2026 On-Market Renunciation Deadline: April 15, 2026 Off-Market Renunciation Deadline: April 17, 2026 Issue Closing: April 20, 2026
Share Capital Impact and Structure
The rights issue will significantly expand the company's equity base, with outstanding shares increasing from 30,72,100 to 89,09,090 shares assuming full subscription. The entire rights issue price of ₹14.00 per share will be payable at the time of making the application in the issue.
Share Capital Structure: Before Issue After Issue Outstanding Shares: 30,72,100 89,09,090 Face Value: ₹10.00 each ₹10.00 each Status: Fully paid-up Fully paid-up
The Mumbai-based entertainment and consultancy firm operates under CIN L65923MH1992PLC064689 with registered office at 419D Fourth Floor Horniman Circle Chambers, Fort Mumbai. The company has uploaded this intimation on its official website at www.regal-consultants.com for public access.
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