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Regal Entertainment and Consultants Limited

5 articles
A significant shift in ownership is underway at Regal Entertainment and Consultants Limited, driven by a recent rights issue that substantially increased the company's share capital. Blue Ocean Strategic Advisors, Northern Lights Ventures, and Nisha Gupta have collectively acquired a substantial 47.5% stake, demonstrating considerable investor confidence. This influx of capital, alongside promoter Shreyash Chaturvedi's continued holding, positions Regal for potential strategic initiatives and growth, though investors should monitor how these new stakeholders influence the company’s direction. The increased share base, from 3.07 million to 8.91 million shares, will also impact per-share metrics going forward.