Regal Entertainment seeks ₹40 crore capital hike, ₹20 crore borrowing limit at AGM
1 min read Updated on 20 Aug 2026, 12:10 PM
Reviewed byRiya DScanX News Team
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Regal Entertainment & Consultants Limited convenes its 34th AGM on September 23, 2026. Key resolutions include raising authorized capital to ₹40 crore and approving ₹20 crore in borrowing limits. Director Shreyash Chaturvedi seeks reappointment.
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Regal Entertainment & Consultants Limited has scheduled its 34th Annual General Meeting (AGM) for Wednesday, September 23, 2026, at 11:00 am. The meeting will be conductede-voting available from September 20 to September 22, 2026
The company is seeking shareholder approval for significant changes to its capital structure and borrowing capacity. The primary agenda involves increasing the authorized share capital from ₹14 crore to ₹40 crore, alongside granting the board permission to borrow up to ₹20 crore.
Capital Structure Changes
The board proposes increasing the authorized share capital by creating 2.6 crore additional equity shares of ₹10 each. This move aims to address present and future fund requirements.
| Capital Component | Current Value | Proposed Value |
|---|---|---|
| Authorized Share Capital | ₹14 crore | ₹40 crore |
| Equity Shares (₹10 face value) | 1 crore shares | 3.6 crore shares |
| Preference Shares (₹10 face value) | 40 lakh shares | 40 lakh shares |
The resolution requires an ordinary vote. If approved, Clause V of the Memorandum of Association will be amended to reflect the new capital structure.
Borrowing Limits and Charges
Shareholders will also decide on a special resolution to approve borrowing limits of up to ₹20 crore. This facility covers various instruments including term loans, working capital facilities, cash credit, overdrafts, and non-convertible debentures.
Additionally, the board seeks consent to create mortgages, charges, or hypothecations on current and future assets to secure these borrowings. The total outstanding value of secured borrowings shall not exceed ₹20 crore, inclusive of interest and other associated costs.
Director Reappointment
Mr. Shreyash Vinodkumar Chaturvedi retires by rotation at the meeting and, being eligible, offers himself for reappointment. He has served as a director since August 4, 2017, and holds 10,77,781 equity shares in the company. His attendance record shows he attended all 40 board meetings since his appointment.
Voting Details
The cut-off date for determining voting rights is Wednesday, September 16, 2026. The register of members and share transfer books will remain closed from September 17 to September 23, 2026. Remote e-voting commences on Sunday, September 20, 2026, at 9:00 am and ends on Tuesday, September 22, 2026, at 5:00 pm.
Historical Stock Returns for Regal Entertainment Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | +5.06% | +2.91% | -21.40% | +196.43% | +561.35% |
What specific strategic initiatives or expansion projects is Regal Entertainment planning to fund with the proposed ₹20 crore borrowing limit and increased share capital?
How might the significant increase in authorized share capital from ₹14 crore to ₹40 crore impact existing shareholder equity dilution if new shares are issued in the near future?
Given the approval of borrowing up to ₹20 crore, what is the company’s current debt-to-equity ratio, and how will this additional leverage affect its financial risk profile?
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