Located in Fort, Regal Cinema is one of the oldest in Mumbai, India. Regal was built during the cinema boom of the '30s during which Plaza Central, New Empire, Broadway, Eros and Metro Cinemas opened. Opened in 1933, Regal was designed by Charles Stevens, the son of the the famous 19th century architect, F. W. Stevens. Its interiors with extensive mirror-work were designed by Czech artist, Karl Schara. The main auditorium had a motif of sunrays in pale orange and jade green. Its interiors were designed to create an impression of airiness, coolness and size in harmony with the modern simplicity of the exteriors. Regal was executed completely in reinforced cement concrete (RCC), fully air conditioned, and had an underground parking lot for patrons. The elevator up from the parking lot was a major innovation at the time. Today, it is a multi-use building combining a theatre with shops at street level. Mumbai, formerly known as Bombay, is the capital of the Indian state of Maharashtra and the most populous Indian city. ... The Republic of India is the second most populous country in the world, with a population of more than one billion, and is the seventh largest country by geographical area. ...
Regal also today announced that it has entered into a definitive stock purchase agreement pursuant to which Regal will acquire certain assets of Hoyts Cinemas Corporation for a combination of cash and stock valued at approximately $200 million and the assumption of certain capital leases.
Regal's Board of Directors also today declared a cash dividend of $0.15 per Class A and Class B common share, payable on March 14, 2003, to stockholders of record on February 25, 2003.
Regal CineMedia is a wholly owned subsidiary of Regal Entertainment Group focusing on the expansion and development of advertising and new uses for REG's theatre assets, while at the same time enhancing the movie-going experience.