Regal Entertainment & Consultants Ltd received a disclosure regarding the sale of 2,51,103 equity shares by Mrs. Nisha Gupta through the open market on October 5, 2026. The shares were acquired by Northern Lights Ventures Private Limited, a Person Acting in Concert (PAC) with the seller.

This transaction represents an internal transfer within the existing shareholder group structure. Consequently, the aggregate holding of the acquirer and its PACs remains unchanged at 18,03,807 shares, or 20.24% of the total share capital, despite the shift in individual holdings between Nisha Gupta and Northern Lights Ventures.

Shareholding Details

The disclosure highlights that Northern Lights Ventures held 10,69,421 shares prior to this transaction, representing 12.00% of the total share capital. Following the acquisition of an additional 2,51,103 shares from Nisha Gupta, who held the same number of shares previously, Northern Lights Ventures' holding increased to 13,20,524 shares (14.82%). Nisha Gupta's holding dropped to zero as she transferred her entire stake in this specific transaction.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company’s equity share capital remained unchanged at 89,09,090 equity shares of face value ₹10 each before and after the transaction. The mode of acquisition was confirmed as open market purchase. The letter was signed by Vineet Kharkwal, Company Secretary & Compliance Officer, on October 6, 2026.

Regal Entertainment & Consultants Limited shareholders approved a special resolution to enhance the company's aggregate borrowing limit up to ₹20 crore during its 34th Annual General Meeting held on September 23, 2026. The meeting also saw the approval to increase the authorized share capital from ₹14 crore to ₹40 crore.

The board proposed these measures to facilitate future operations and expansion, accompanied by a proposal to approve the creation of charges in respect of these borrowings. This indicates a strategic shift towards leveraging debt and equity instruments for growth.

Key resolutions passed

The members considered and approved several ordinary and special business items during the proceedings. The voting results, declared after scrutiny by Ms. Palak Desai, showed overwhelming support for the resolutions:

• Adoption of audited standalone financial statements for FY26: Passed with 99.9999% in favor.
• Reappointment of Shreyash Vinodkumar Chaturvedi as Director: Passed with 99.9997% in favor.
• Increase in authorized share capital: Passed with 99.9999% in favor.
• Approval of borrowing limits up to an aggregate amount of ₹20 crore: Passed as a Special Resolution with 99.9999% in favor.
• Approval of creation of charges regarding the said borrowings: Passed as a Special Resolution with 99.9999% in favor.

Capital structure changes

A significant update from the minutes is the specific detail on the authorized share capital increase. The company will increase its authorized capital from ₹14 crore to ₹40 crore. This involves the creation of additional 2.6 crore equity shares of ₹10 each.

The Memorandum of Association will be amended to reflect this new capital structure, allowing for greater flexibility in raising funds through equity or preference shares.

Meeting details and compliance

The AGM commenced at 11:00 am and concluded at 11:20 am through Video Conferencing (VC) and Other Audio Visual Means (OAVM). Shreyash Vinodkumar Chaturvedi, Managing Director, chaired the session. The meeting was attended by 36 shareholders via audio-visual means.

The company ensured compliance with SEBI (LODR) Regulations, 2015, by providing remote e-voting facilities from September 20, 2026, to September 22, 2026. Ms. Palak Desai, Practising Company Secretary, served as the scrutinizer for the voting process. The results were announced on September 25, 2026, and filed with the BSE.

The chairman addressed members on the company's financial performance review for FY26, new guidelines issued by SEBI and MCA, and the outlook for global economic indicators affecting India's macroeconomic landscape.