Blue Ocean Strategic Advisors Private Limited, along with Persons Acting in Concert (PAC) Northern Lights Ventures Private Limited and Nisha Gupta, has disclosed a substantial acquisition of shares in regal entertainment consultants pursuant to a rights issue. The disclosure was submitted to BSE Limited on April 23, 2026, signed by Ashish Maheshwari, Director of Blue Ocean Strategic Advisors Private Limited, in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The acquisition was executed through a rights issue completed on April 22, 2026, with the acquirer and PACs purchasing a combined total of 16,70,000 equity shares carrying voting rights. This represents 18.74% of the company's total diluted share and voting capital.

Pre-Acquisition Holdings

Prior to the rights issue, the acquirer group held minimal stakes in the company. Blue Ocean Strategic Advisors Private Limited held 83,283 shares (0.93%), while Nisha Gupta held 51,103 shares (0.57%). Northern Lights Ventures Private Limited held no shares before this transaction. The combined pre-acquisition holding totaled 1,34,386 shares, representing 1.51% of the total share capital.

Post-Acquisition Shareholding Pattern

Following the rights issue, the combined shareholding of the acquirer and PACs increased significantly to 18,04,386 shares, representing 20.24% of the total diluted share and voting capital.

Capital Structure Transformation

The rights issue resulted in a substantial expansion of the company's equity capital. The total equity share capital increased from 30,72,100 equity shares of ₹ 10 each to 89,09,090 equity shares of ₹ 10 each, representing a nearly three-fold increase in the company's share capital base.

The disclosure confirms that the acquirer group does not belong to the promoter or promoter group of the target company. The regulatory filing was signed by Ashish Maheshwari (DIN: 00185949) as Director and Authorized Signatory of Blue Ocean Strategic Advisors Private Limited, and countersigned by Vineet Kharkwal, Company Secretary & Compliance Officer of Regal Entertainment and Consultants Limited.

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.

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.