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.

Regal entertainment consultants announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, during a Board meeting held on January 27, 2026. The company reported a significant decline in financial performance compared to the corresponding periods in the previous year.

Financial Performance Overview

The company's financial results showed a marked deterioration in profitability for the quarter ended December 31, 2025. The following table presents the key financial metrics:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance remained under pressure. The nine-month financial summary is presented below:

Despite higher total income for the nine-month period, the company recorded a net loss of ₹16.15 lakhs compared to a profit of ₹31.82 lakhs in the corresponding period of the previous year.

Expense Structure and Operational Challenges

The company's expense structure showed significant variations during the quarter. Total expenses for Q3 FY26 stood at ₹28.06 lakhs compared to ₹7.05 lakhs in Q3 FY25. The major expense categories included:

• Employee Benefit Expenses: ₹8.25 lakhs (Q3 FY26) vs ₹4.90 lakhs (Q3 FY25)
• Finance Cost: ₹1.71 lakhs (Q3 FY26) vs nil (Q3 FY25)
• Other Expenses: ₹18.10 lakhs (Q3 FY26) vs ₹2.15 lakhs (Q3 FY25)

Corporate Governance Updates

The Board of Directors approved several key appointments during the meeting:

Auditor's Emphasis of Matter

The statutory auditors, M/s Rajesh Raj Gupta & Associates LLP, highlighted an emphasis of matter regarding investments amounting to ₹18.73 lakhs in shares and securities. The auditors were unable to verify these investments as the management did not provide demat statements and supporting documents, preventing them from expressing an opinion on the correctness and completeness of these investments.

Company Profile

Regal Entertainment and Consultants Limited operates primarily in the finance sector, with all activities revolving around its main business of providing financial services. The company maintains a single business segment as per Ind AS 108 "Segment Reporting" requirements. The company's paid-up equity share capital remains unchanged at ₹307.21 lakhs with a face value of ₹10 per share.