Promoter Shreyash Chaturvedi Increases Stake in Regal Entertainment via Rights Issue
Regal Entertainment & Consultants Ltd announced a substantial increase in promoter shareholding following the completion of a Rights Issue. The acquisition details indicate that Shreyash Vinodkumar Chaturvedi, a promoter of the company, increased his stake by acquiring an additional number of shares.The transaction, which was completed on April 22, 2026, utilized the Rights Issue mechanism. Before the acquisition, Shreyash Vinodkumar Chaturvedi held a total of 10,77,781 shares, representing a 12.10% stake in the company's total share/voting capital.
During the Rights Issue, Chaturvedi acquired 13,27,783 shares, which equated to a 14.90% increase in his stake.
The acquisition of shares saw the total equity share capital and the total voting capital of Regal Entertainment & Consultants Ltd increase significantly. Before this transaction, the company's equity share capital stood at 30,72,100 Equity Shares of the face value of ₹ 10 each. Following the completion of the Rights Issue, the total equity share capital rose to 89,09,090 Equity shares of face value of ₹ 10 each. The total diluted share/voting capital also reached 89,09,090 Equity shares of face value of ₹ 10 each.
The transaction fundamentally altered the promoter's ownership structure, with Shreyash Vinodkumar Chaturvedi's final holding after the acquisition amounting to 24,05,564 shares. This represents a 27.00% stake in the total diluted share/voting capital of the company.
The key financial movements related to the shareholder's holdings are detailed below:
| Metric | Before Acquisition Holding | Acquisition Details | After Acquisition Holding |
|---|---|---|---|
| Shares Held by Chaturvedi | 10,77,781 | Acquired: 13,27,783 | 24,05,564 |
| Stake % | 12.10% | Acquired: 14.90% | 27.00% |
| Mode of Acquisition | N/A | Rights Issue | Rights Issue |
In summary, the total voting capital of the company before the sale was 30,72,100 Equity Shares, and after the completion of the Rights Issue, it stood at 89,09,090 Equity shares.
Stock Price Movement
As of 11:20, shares of Regal Entertainment & Consultants Ltd are currently dropping to ₹18.00, reflecting a market decline of 1.91%. Throughout the day, the stock has traded within a range, moving between a low of ₹17.45 and a high of ₹18.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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