Regal Entertainment Appoints Satbir Singh as Additional Executive Director
Regal Entertainment & Consultants Ltd has appointed Shri Satbir Singh (DIN: 06887978) as an Additional Director in the category of Executive Director. The appointment was approved by the Board of Directors and is set to hold for a period of three years or until withdrawal or cancellation, whichever occurs earlier.The position, which falls under Key Managerial Personnel, is effective from the date of approval by the Reserve Bank of India (RBI) and remains subject to the subsequent approval of the company's shareholders.
Director Profile and Experience
Shri Satbir Singh holds significant financial expertise and has extensive experience spanning over 35 years in various capacities within the financial sector. He holds academic qualifications including an M.A. Economics from Rajasthan University, a Diploma in Financial Management from Mumbai University, and is certified under CAIIB (Indian Institute of Bankers).His professional history includes roles at IFCI Ltd., a Government of India Undertaking and one of the first Development Financial Institutions established in 1948.
The details regarding his experience and current roles are summarized below:
| Role/Capacity | Organization | Tenure Details |
|---|---|---|
| Director | Kard Ventures Finance Pvt. Ltd. (Kard) | Currently serving as a director. |
| Director | Black Fox Advisors Private Ltd. (BAPL) | Currently serving as a director. |
| DGM (Accounts) | IFCI | April 2017 to April 2018. |
| Managing Director | IFCI Factors Ltd. | Held the position on deputation. |
| Head at Lucknow Regional Office (DGM) | IFCI | April 2015 to August 2015. |
| COO | IFCI Venture Capital Funds Ltd. | On deputation from April 2014 to October 2014. |
| Associate Vice President | IFCI HO at New Delhi | April 2011 to March 2014. |
| Manager/AVP | Mumbai Regional Office | From 2008 to 2011. |
Shri Satbir Singh also has a history of serving in the financial sector, including time spent with IFCI Ltd. and working as an NBFC director. The company reported that there are no applicable relationships between directors concerning this appointment.
Stock Price Movement
As of 15:30, Regal Entertainment & Consultants Ltd. is ticking up slightly, currently trading at ₹16.86 and gaining 0.96%. The shares are completely locked into a flat intraday trade, with both the high and low remaining firm at ₹16.86.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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