Regal Entertainment Rights Issue: Specific Investor Application Confirmed for April 7 Opening
Regal Entertainment & Consultants Limited has confirmed specific investor application details for its rights issue in compliance with SEBI regulations. Northern Lights Ventures Private Limited, identified as specific investor, has applied for 7,20,000 shares. The rights issue opens April 7, 2026, offering up to 58,36,990 equity shares at ₹14 per share with total amount up to ₹817.18 lakhs.

*this image is generated using AI for illustrative purposes only.
Regal Entertainment & Consultants Limited has published mandatory newspaper advertisements regarding its upcoming rights issue and confirmed specific investor application details in compliance with SEBI ICDR Regulations. The Mumbai-based entertainment and consultancy firm published advertisements on April 1, 2026, and provided specific investor confirmation on April 7, 2026.
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 |
Specific Investor Application Confirmation
In compliance with Regulation 77B(2) of SEBI ICDR Regulations, the company has confirmed the application details submitted by the identified specific investor before 11 A.M. on the issue opening date of April 7, 2026.
| Parameter: | Details |
|---|---|
| Specific Investor: | Northern Lights Ventures Private Limited |
| Promoter (Renouncer): | Shreyash Vinodkumar Chaturvedi |
| Rights Entitlements: | 7,20,000 |
| Shares Applied For: | 7,20,000 |
| Excess Applications: | Nil |
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
Service Providers and Company Background
| 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 Secretary: | Vineet Kharkwal |
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 Letter of Offer dated March 23, 2026, is available on the websites of BSE Limited, the company, and the registrar.
Historical Stock Returns for Regal Entertainment Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.33% | +0.26% | -0.99% | +239.29% | +239.29% | +258.49% |
How will Regal Entertainment utilize the ₹817.18 lakhs raised from this rights issue to drive future growth in the entertainment and consultancy sectors?
What impact might Northern Lights Ventures' significant 7.2 lakh share acquisition have on Regal Entertainment's strategic direction and governance structure?
Will this rights issue pricing at ₹14 per share affect Regal Entertainment's stock valuation and trading performance on BSE in the coming quarters?


































