Stock Report

Regal Entertainment & Consultants Ltd allots 58.36 Lakh Rights Shares

Posted On : 2026-04-21 20:45:36( TIMEZONE : IST )

Regal Entertainment & Consultants Limited (BSE: 531033) has successfully moved toward the final stages of its Rights Issue. In a meeting held earlier today, the Rights Issue Committee of the Board approved the allotment of 58,36,990 equity shares to eligible shareholders.

This capital infusion marks a significant expansion of the company's equity base as it seeks to strengthen its financial position and support its consulting and entertainment verticals.

Rights Issue Highlights

The allotment was carried out based on the terms established in the Letter of Offer dated March 23, 2026, and in consultation with the Designated Stock Exchange (BSE).

Shares Allotted: 58,36,990 Equity Shares

Face Value: ₹10 per share

Issue Price: ₹14 per share (including a premium of ₹4 per share)

Total Capital Raised: Approximately ₹8.17 Crore (58,36,990 shares × ₹14)

Impact on Share Capital

The successful allotment has nearly tripled the company's paid-up equity share capital:

Pre-Rights Issue Capital: 30,72,100 shares (₹3,07,21,000)

Post-Rights Issue Capital: 89,09,090 shares (₹8,90,90,900)

Shares of REGAL ENTERTAINMENT & CONSULTANTS LTD. was last trading in BSE at Rs. 19.00 as compared to the previous close of Rs. 19.86. The total number of shares traded during the day was 11785 in over 58 trades.

The stock hit an intraday high of Rs. 20.85 and intraday low of 18.87. The net turnover during the day was Rs. 229689.00.