Nisha Gupta sells 2.82% stake in Regal Entertainment to Northern Lights

1 min read | Published on 06 Oct 2026, 05:01 PM |Updated on 06 Oct 2026, 05:02 PM

<img src="https://scanx.trade/stock-market-news/companies/northern-lights-ventures-acquires-2-82-stake-regal-entertainment/assets/svg/news/scanx_logosmall.svg” alt=”scanx”>

Reviewed byNaman SScanX News Team
Add as a preferred

• Nisha Gupta sold 2,51,103 shares (2.82%) of Regal Entertainment via open market on <a href="https://comicvibe.com/playstation-plus-essential-october-free-games-rolling-out-now/” title=”PlayStation Plus Essential October Free Games Rolling Out Now”>October 5, 2026
• Northern Lights Ventures acquired the entire stake, increasing its individual holding to 14.82%
• Consolidated holding of the acquirer and PACs remains unchanged at 20.24% due to internal transfer
• Transaction disclosed under SEBI SAST Regulations 2011, with no change in total share capital

*this image is generated using AI for illustrative purposes only.

Regal Entertainment & Consultants Ltd received a disclosure regarding the sale of 2,51,103 equity shares by Mrs. Nisha Gupta through the open market on October 5, 2026. The shares were acquired by Northern Lights Ventures Private Limited, a Person Acting in Concert (PAC) with the seller.

This transaction represents an internal transfer within the existing shareholder group structure. Consequently, the aggregate holding of the acquirer and its PACs remains unchanged at 18,03,807 shares, or 20.24% of the total share capital, despite the shift in individual holdings between Nisha Gupta and Northern Lights Ventures.

Shareholding Details

The disclosure highlights that Northern Lights Ventures held 10,69,421 shares prior to this transaction, representing 12.00% of the total share capital. Following the acquisition of an additional 2,51,103 shares from Nisha Gupta, who held the same number of shares previously, Northern Lights Ventures’ holding increased to 13,20,524 shares (14.82%). Nisha Gupta’s holding dropped to zero as she transferred her entire stake in this specific transaction.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company’s equity share capital remained unchanged at 89,09,090 equity shares of face value ₹10 each before and after the transaction. The mode of acquisition was confirmed as open market purchase. The letter was signed by Vineet Kharkwal, Company Secretary & Compliance Officer, on October 6, 2026.

Historical Stock Returns for Regal Entertainment Consultants

Will the consolidation of Nisha Gupta’s stake into Northern Lights Ventures trigger any mandatory open offer obligations under SEBI regulations if the group’s aggregate holding approaches 25%?

How might this internal restructuring within the promoter group influence Regal Entertainment’s upcoming corporate governance decisions or board composition?

Does the shift from an individual holding to a private limited entity signal a strategic move toward institutionalizing the promoter group’s investment structure for future fundraising or exit opportunities?

Regal Entertainment ConsultantsView Company InsightsView All News
19