Regal Entertainment appoints Satbir Singh as Executive Director for 3 years
Regal Entertainment & Consultants Limited appointed Satbir Singh as Executive Director for three years, effective from RBI approval and subject to shareholder consent. Singh, a veteran with over 35 years of experience at IFCI Ltd., has held key positions including Managing Director at IFCI Factors Ltd. The Board approved the appointment on July 23, 2026.
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Regal Entertainment & Consultants Limited has appointed Satbir Singh as an Additional Director in the category of Executive Director for a term of three years. The appointment, effective from the date of approval by the Reserve Bank of India (RBI), is subject to the approval of the shareholders of the company. The Board of Directors approved the appointment via a resolution passed by circulation on July 23, 2026.
Satbir Singh (DIN: 06887978) holds an Economic Honours degree from Delhi University, an M.A. in Economics from Rajasthan University, a Diploma in Financial Management from Mumbai University, and is a CAIIB certified by the Indian Institute of Bankers. He brings over 35 years of experience, having worked extensively with IFCI Ltd., a government of India undertaking and the first Development Financial Institution established in 1948 under an Act of Parliament.
Professional Background
Singh's career includes significant roles such as Managing Director at IFCI Factors Ltd., a 100% subsidiary of IFCI Ltd., on deputation from August 2015 to April 2017. He served as DGM (Accounts) at IFCI from April 2017 to April 2018 and headed the IFCI Lucknow Regional Office as DGM from April 2015 to August 2015. His other roles include Chief Operating Officer at IFCI Venture Capital Funds Ltd. and Associate Vice President at IFCI HO in New Delhi.
Key Details of Appointment
| Particulars | Details |
|---|---|
| Name | Satbir Singh |
| DIN | 06887978 |
| Designation | Executive Director (Additional Director) |
| Term | 3 years or till withdrawal/cancellation, whichever is earlier |
| Effective Date | Date of RBI approval |
| Conditions | Subject to shareholder approval |
The company confirmed that Singh is not debarred from holding the office of Director by any order of the Securities and Exchange Board of India (SEBI) or any other authority, based on his affirmation and BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018. There are no disclosures required regarding relationships between directors.
Historical Stock Returns for Regal Entertainment Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.96% | +7.73% | +8.08% | -46.01% | +201.07% | +558.59% |
How will Satbir Singh's extensive experience in development finance influence Regal Entertainment's strategic direction over the next three years?
What specific operational changes or growth initiatives can be expected following Singh's appointment as Executive Director?
How will the market react to the appointment, given Singh's background in government-backed financial institutions?
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