Regal Entertainment & Consultants Limited has announced another postponement of its Rights Issue Committee meeting, citing continued delays in receiving regulatory approval from BSE Limited. The company informed the stock exchange about this latest development through an official communication dated February 19, 2026.

Latest Meeting Rescheduling

The Rights Issue Committee meeting, previously rescheduled to February 19, 2026, has now been postponed to February 24, 2026. This represents the third postponement in the series, following earlier communications dated February 04, 2026, February 10, 2026, and February 13, 2026.

Meeting Agenda and Purpose

The Rights Issue Committee meeting is scheduled to consider and approve several critical parameters for the company's upcoming rights issue:

• Record date determination
• Pricing decisions
• Entitlement ratio finalization
• Other related matters

All these decisions remain subject to receiving the necessary approval from BSE Limited, which continues to be the primary factor causing these postponements.

Ongoing Regulatory Approval Process

The company has again cited the non-receipt of required approval from BSE Limited as the reason for this latest postponement. According to the official communication signed by Vineet Kharkwal, Company Secretary & Compliance Officer, the approval process remains under process, but the company has not yet received the necessary clearance to proceed with the committee meeting.

Compliance and Transparency

The postponement notice was issued under Regulation 29 of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. The company has made this information available on its official website at www.regal-consultants.com and has requested BSE Limited to take the information on record, maintaining its commitment to transparent regulatory communication.

Regal Entertainment & Consultants Limited has successfully concluded its board meeting held on February 04, 2026, with the approval of a significant rights issue worth ₹850 lakhs. The meeting, which was previously scheduled to consider fund raising proposals, resulted in concrete decisions for capital expansion through equity share issuance.

Board Meeting Outcome

The board of directors convened on Wednesday, February 04, 2026, from 10:30 AM to 11:00 AM IST to deliberate on fund raising strategies. The meeting concluded with the approval of a rights issue of equity shares having face value of ₹10 each for an aggregate amount not exceeding ₹850 lakhs.

Rights Issue Specifications

The approved rights issue will be offered to eligible equity shareholders of the company as on the record date, which will be notified in due course. The issue structure includes specific parameters designed to ensure compliance with regulatory requirements.

Rights Issue Committee Formation

The board also approved the constitution of a Rights Issue Committee to oversee the implementation process. This committee will handle the issue and allotment of equity shares along with other matters related to the rights issue.

Regulatory Framework and Compliance

The rights issue will be undertaken in strict compliance with applicable provisions of the Companies Act 2013, SEBI Issue of Capital and Disclosure Requirements Regulations 2018, and SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The board has also approved the Draft Letter of Offer for the fund raising initiative.

The company communicated these developments to BSE Limited under Regulation 30 of SEBI Listing Regulations, maintaining transparency with stakeholders. Company Secretary and Compliance Officer Vineet Kharkwal signed the official communication regarding the board meeting outcome.