Regal Entertainment & Consultants Announces Allotment of Rights Equity Shares
Regal Entertainment & Consultants Ltd announced the approval of a Rights Issue through its Board meeting held on April 21, 2026. The committee approved the allotment of Rights Equity Shares to eligible equity shareholders.The allotment, which is executed in furtherance of the Company's Rights Issue, involves 58,36,990 Rights Equity Shares. Each share has a face value of ₹ 10/-. The allotment is set at an issue price of ₹ 14/- per Rights Equity Share, which includes a share premium of ₹ 4/- per Rights Equity Share.
The Board of the Company's Rights Issue Committee convened for the purpose and approved the allotment of the shares at the stated price.
The rights issue significantly modifies the Company's Paid-up Equity Share Capital. The structure changes are detailed below:
| Particulars | Number of Shares | Face Value | Amount in Rs. |
|---|---|---|---|
| Paid-up share capital (Pre-Rights Issue) | 30,72,100 | ₹ 10 | 3,07,21,000 |
| Paid-up share capital (Post-Rights Issue) | 89,09,090 | ₹ 10 | 8,90,90,900 |
Stock Price Movement
At the close of trade today, Regal Entertainment & Consultants Ltd shares dropped 4.33%, settling at ₹19.00. Throughout the day, the stock traded within a notable range, bouncing from a low of ₹18.87 up to a high of ₹20.85.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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