Regal Entertainment & Consultants Limited Announces Rights Issue Opening April 7, 2026
Regal Entertainment & Consultants Limited has announced its rights issue of up to 58,36,990 equity shares at ₹14 per share, aggregating ₹817.18 lakhs. The issue opens April 7, 2026, with a 19:10 rights ratio for existing shareholders as of March 25, 2026 record date. All applications must be made through ASBA process, with rights entitlements already credited to eligible shareholders' demat accounts. The issue closes on April 20, 2026, with renunciation permitted until April 15, 2026.

*this image is generated using AI for illustrative purposes only.
Regal Entertainment & Consultants Limited has published mandatory newspaper advertisements regarding its upcoming rights issue, marking a significant corporate action for the Mumbai-based entertainment and consultancy firm. The advertisements were published on April 1, 2026, in compliance with SEBI ICDR Regulations.
Rights Issue Details
The company is offering up to 58,36,990 equity shares of face value ₹10 each at an issue price of ₹14 per share, which includes a share premium of ₹4 per equity share. The issue aggregates up to ₹817.18 lakhs, assuming full subscription.
| Parameter: | Details |
|---|---|
| Issue Size: | Up to 58,36,990 equity shares |
| Face Value: | ₹10 per share |
| Issue Price: | ₹14 per share |
| Share Premium: | ₹4 per share |
| Total Amount: | Up to ₹817.18 lakhs |
| Rights Ratio: | 19:10 |
| Record Date: | March 25, 2026 |
Issue Timeline
The rights issue follows a structured timeline with specific dates for various activities. Eligible equity shareholders need to be aware of these critical dates for participation.
| Event: | Date |
|---|---|
| Issue Opens: | April 7, 2026 |
| Last Date for On-Market Renunciation: | April 15, 2026 |
| Issue Closes: | April 20, 2026 |
| Rights Entitlements Credit: | March 27, 2026 |
| LOF Dispatch (Email): | March 27, 2026 |
| LOF Dispatch (Post): | March 30, 2026 |
Application Process and ASBA Requirements
All investors must apply through the Application Supported by Blocked Amount (ASBA) process as mandated by SEBI ICDR Regulations. The company emphasizes that ASBA is a "Simple, Safe, Smart way of Application" that blocks funds in the investor's bank account rather than requiring upfront payment.
Eligible equity shareholders can submit applications through:
- Designated branches of Self Certified Syndicate Banks (SCSB)
- Online electronic applications through SCSB websites (where available)
- Plain paper applications in case of non-receipt of application forms
Rights Entitlements and Demat Requirements
Rights entitlements have been credited to eligible shareholders' demat accounts under ISIN INE101E20010 on March 27, 2026. The company has established a separate demat suspense account for shareholders whose demat details are unavailable or who hold shares in physical form.
Important conditions for rights entitlements:
- All allotments will be made in dematerialised form only
- Physical shareholders must provide demat details at least two working days before issue closing
- Unexercised rights will lapse after the issue closing date
- Renunciation is permitted through on-market and off-market transfers
Specific Investors and Regulatory Compliance
The company has identified specific investors under SEBI regulations, including Northern Lights Ventures Private Limited with 7,20,000 rights entitlements related to promoter Shreyash Vinodkumar Chaturvedi.
| Service Provider: | Details |
|---|---|
| Registrar: | Bigshare Services Pvt. Ltd. |
| Bankers to Issue: | Indus Bank Limited |
| Monitoring Agency: | Accl Ratings & Research Limited |
| Stock Exchange: | BSE Limited |
Company Background
Regal Entertainment & Consultants Limited was originally incorporated as "Regal Finance and Consultants Private Limited" in January 1992. The company converted to a public limited company in November 1994 and changed its name to the current form in October 2020. The company operates from its registered office at Horniman Circle Chambers in Fort, Mumbai, with Vineet Kharkwal serving as Company Secretary and Compliance Officer.
The Letter of Offer dated March 23, 2026, is available on the websites of BSE Limited, the company, and the registrar. Investors are advised to carefully review the risk factors section beginning on page 16 of the Letter of Offer before making investment decisions.
Historical Stock Returns for Regal Entertainment Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -7.00% | -7.00% | -7.00% | -7.00% | +252.14% |
How will the ₹817.18 lakhs raised through this rights issue impact Regal Entertainment's expansion plans in the entertainment and consultancy sectors?
What potential market opportunities is Regal Entertainment targeting that justify raising capital at a 40% premium to face value?
Could this rights issue signal increased consolidation activity in Mumbai's entertainment consultancy market?































