Regal Entertainment & Consultants Limited has disclosed a substantial acquisition of shares by promoter Shreyash Vinodkumar Chaturvedi through a rights issue. The disclosure, submitted to BSE Limited on April 23, 2026, complies with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was executed on April 22, 2026, marking a significant increase in the promoter's shareholding in the company.
Shareholding Details Before Acquisition
Prior to the rights issue, Chaturvedi held 10,77,781 equity shares carrying voting rights, which represented 12.10% of the company's total share capital. At that time, the company's equity share capital stood at 30,72,100 equity shares of face value ₹ 10 each. There were no encumbered shares, voting rights otherwise than by shares, or convertible securities held by the promoter.
Acquisition Through Rights Issue
The promoter acquired 13,27,783 equity shares carrying voting rights through the rights issue mechanism. This acquisition represented 14.90% of the company's total voting capital. The total rights entitlement received was 20,47,783 rights equity shares, out of which only 13,27,783 rights entitlements were exercised by the promoter.
Post-Acquisition Shareholding
Following the acquisition, Chaturvedi's total shareholding increased to 24,05,564 equity shares carrying voting rights. This represents 27.00% of the company's total voting capital. The company's equity share capital post-acquisition stands at 89,09,090 equity shares of face value ₹ 10 each.
Parameter Before Acquisition After Acquisition Shares Carrying Voting Rights 10,77,781 (12.10%) 24,05,564 (27.00%) Encumbered Shares - - Voting Rights Otherwise Than by Shares - - Convertible Securities - - Total Holding 10,77,781 (12.10%) 24,05,564 (27.00%)
Company and Transaction Details
The rights issue was the mode of acquisition for this transaction. Regal Entertainment & Consultants Limited is listed on BSE Limited with scrip code 531033. The company's registered office is located at 419D Fourth Floor Horniman Circle Chambers (Podar Chambers), Syed Abdullah Brelvi Marg, Fort Mumbai, Maharashtra. The disclosure was signed by Vineet Kharkwal, Company Secretary & Compliance Officer of the company.
Regal entertainment consultants has received formal listing approval from BSE Limited for its rights issue of equity shares. The approval, dated April 22, 2026, marks a significant milestone in the company's capital expansion plans.
Rights Issue Details
The BSE has approved the listing of 58,36,990 fully paid-up equity shares under reference number LOD/Rights/MV/FIP/116/2026-27. The rights issue structure demonstrates the company's approach to raising capital from existing shareholders.
Parameter: Details Number of Shares: 58,36,990 Face Value: Rs.10/- each Issue Price: Rs.14/- each Premium: Rs.4/- per share Distinctive Numbers: 3072101 to 8909090 BSE Reference: LOD/Rights/MV/FIP/116/2026-27
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Vineet Kharkwal submitted the required documentation to BSE on April 21, 2026, with approval granted the following day.
Trading Commencement
BSE has indicated that trading in the newly issued securities will be permitted after the company submits confirmation from depositories regarding the crediting of shares to respective beneficiary accounts. This standard procedure ensures proper settlement and delivery of the rights issue shares to eligible shareholders.
Corporate Information
Regal Entertainment & Consultants Limited operates under CIN L65923MH1992PLC064689 with its registered office located at 419D Fourth Floor Horniman Circle Chambers, Fort Mumbai, Maharashtra. The company's scrip code on BSE is 531033, facilitating easy identification for trading purposes.
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