Regal Entertainment & Consultants Ltd to List 58,36,990 Equity Shares on Rights Basis
Regal Entertainment & Consultants Ltd received listing approval for a significant issue of equity shares on a rights basis. The approval pertains to 58,36,990 fully paid-up equity shares, each having a face value of Rs. 10.The company's shares were issued at a premium price of Rs. 14 per share, which includes a share premium of Rs. 4. This transaction allows the newly issued shares to be dealt on the exchange.
The material details of the listing approval are as follows:
| Detail | Value |
|---|---|
| Total Shares to be Listed | 58,36,990 |
| Face Value Per Share | Rs. 10 |
| Issue Price Per Share | Rs. 14 |
| Share Premium | Rs. 4 |
| Basis of Issue | Rights Basis |
The successful listing approval allows Regal Entertainment & Consultants Ltd to list the said equity shares, bearing distinctive numbers 3072101 to 8909090, on the exchange.
Stock Price Movement
As of 15:30, Regal Entertainment & Consultants Ltd is slipping, trading at ₹18.98, representing a drop of 0.11% for the day. The shares spent the session bouncing between a low of ₹18.05 and an intraday peak at ₹19.00.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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