Monitoring Agency Report for Quarter Ended June 30, 2026

Key Quantitative Figures

  • Total Rights Issue Proceeds: ₹8.172 crore
  • Capital Augmentation Object Allocation: ₹6.512 crore
  • General Corporate Purpose Allocation: ₹1.249 crore
  • Issue Expenses Allocation: ₹0.411 crore
  • Actual Utilization in Capital Augmentation: ₹7.846 crore (over-utilization of ₹1.334 crore)
  • Actual Utilization in Issue Expenses: ₹0.326 crore (under-utilization of ₹0.085 crore)
  • General Corporate Purpose Utilization: Fully utilized toward capital augmentation object

Dates and Periods

  • Rights Issue Period: April 07, 2026, to April 20, 2026
  • Monitoring Quarter: Q1 FY2026-27 (ended June 30, 2026)
  • Report Date: August 03, 2026
  • Letter of Offer Date: March 23, 2026

Parties Involved

  • Issuer: Regal Entertainment and Consultants Limited
  • Monitoring Agency: Acuité Ratings and Research Limited
  • Promoter: Mr. Shreyash Vinodkumar Chaturvedi
  • Company Representative: Vineet Kharkwal, Company Secretary & Compliance Officer
  • Monitoring Agency Representative: Vikas Mishra, Deputy Vice President - Process Excellence

Utilization Details and Progress

Capital Augmentation Object:

  • Original allocation: ₹6.512 crore
  • Actual utilization: ₹7.846 crore
  • Over-utilization: ₹1.334 crore
  • The excess amount was covered by unutilized funds originally earmarked for General Corporate Purposes and Issue Expenses
  • Purpose: To augment capital base and attain minimum Net Owned Fund (NOF) requirements as mandated by RBI

General Corporate Purpose:

  • Original allocation: ₹1.249 crore
  • Actual utilization: Fully utilized toward the capital augmentation object
  • No funds remained for general corporate purposes

Issue Expenses:

  • Original allocation: ₹0.411 crore
  • Actual utilization: ₹0.326 crore
  • Under-utilization: ₹0.085 crore
  • The unutilized proceeds of ₹0.085 crore were utilized toward the capital augmentation object

Regulatory Compliance Findings

  • No deviation observed from the objects stated in the Letter of Offer dated March 23, 2026
  • No material deviations from expenditures disclosed in the Offer Document
  • No change in means of finance for the disclosed objects
  • No Government/statutory approvals required for the objects
  • No technical assistance/collaboration arrangements required
  • No favorable or unfavorable events affecting viability of objects observed
  • No other relevant information that may materially affect investor decision-making

Monitoring Agency Declaration

Acuité Ratings declared that the report provides an objective view of utilization based on information provided by the issuer and sources believed to be accurate. The agency does not perform an audit and undertakes no independent verification. The report is prepared in the format prescribed by SEBI.

Company Confirmation

The company confirmed that there has been no deviation in the utilization of proceeds of Rights Issue from the Objects as stated in the Letter of Offer.