Regal Entertainment AGM approves ₹20 crore borrowing limit for FY26
1 min read | Published on 23 Sept 2026, 04:26 PM |Updated on 23 Sept 2026, 04:26 PM
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- Regal Entertainment held its 34th AGM via VC/OAVM on September 23, 2026
- Special resolution approved to increase aggregate borrowing limit to ₹20 crore
- Members adopted audited standalone financial statements for FY26
- Shreyash Vinodkumar Chaturvedi reappointed as Director retiring by rotation
*this image is generated using AI for illustrative purposes only.
Regal Entertainment & Consultants Limited held its 34th Annual General Meeting (AGM) on September 23, 2026, through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting focused on adopting the financial statements for FY26 and securing approval for a significant increase in the company’s borrowing capacity.
The board proposed a special resolution to enhance the aggregate borrowing limit of the company up to ₹20 crore. This move is accompanied by a proposal to approve the creation of charges in respect of these borrowings, indicating a strategic shift towards leveraging debt for future operations or expansion.
Key resolutions passed
The members considered and approved several ordinary and special business items during the proceedings. The key resolutions included:
- Adoption of audited standalone financial statements for the financial year ended March 31, 2026.
- Reappointment of Shreyash Vinodkumar Chaturvedi as Director, retiring by rotation.
- Increase in authorized share capital with necessary amendments to the Memorandum of Association.
- Approval of borrowing limits up to an aggregate amount of ₹20 crore (Special Resolution).
- Approval of creation of charges regarding the said borrowings (Special Resolution).
Meeting details and compliance
The AGM commenced at 11:00 am and concluded at 11:20 am. Shreyash Vinodkumar Chaturvedi, Managing Director, chaired the session. The company ensured compliance with SEBI (LODR) Regulations, 2015, by providing remote e-voting facilities from September 20, 2026, to September 22, 2026. Ms. Palak Desai, Practising Company Secretary, served as the scrutinizer for the voting process.
The chairman addressed members on the company’s financial performance review for FY26, new guidelines issued by SEBI and MCA, and the outlook for global economic indicators affecting India’s macroeconomic landscape. The voting results were scheduled for announcement on or before September 25, 2026.
Historical Stock Returns for Regal Entertainment Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.10% | 0.0% | -7.51% | -18.45% | 0.0% | 0.0% |
What specific expansion projects or operational needs will the ₹20 crore borrowing capacity fund?
How might the increased leverage impact Regal Entertainment’s debt-to-equity ratio and future credit ratings?
Which financial institutions or lenders are expected to provide the new borrowing facilities?
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