Bluegod entertainment Limited has announced a one-day extension of its rights issue closing date, providing shareholders additional time to participate in the offering. The Rights Issue Committee made this decision during its meeting held on March 18, 2026.

Rights Issue Timeline Extension

The rights issue, which opened on March 12, 2026, was originally scheduled to close on March 19, 2026. However, the committee has now extended the closing date to March 20, 2026. This extension aims to provide shareholders with an additional opportunity to exercise their rights in the rights issue.

Application Submission Details

With the extension of the closing date, the last date for submission of the duly filled Common Application Form (CAF) along with the amount payable on application has been revised to March 20, 2026. Equity shareholders entitled to apply for the rights issue are advised to take note of the new issue closure date.

Committee Meeting Information

The Rights Issue Committee meeting that approved this extension was held on March 18, 2026, commencing at 10:00 A.M. and concluding at 11:00 A.M. The decision was communicated to BSE Limited on the same day.

Impact on Documentation

The company clarified that there are no changes to the Letter of Offer (LOF) and CAF dated February 28, 2026, except for the change in issue closing date and the resultant modifications in the indicative timetable of post-issue activities. All other terms and conditions of the rights issue remain unchanged.

This extension follows the outcome of the Board of Directors meeting held on February 28, 2026, where the issue closure date was previously updated. The company continues to encourage eligible shareholders to participate in the rights issue within the extended timeframe.

Bluegod Entertainment Limited's Board of Directors concluded a comprehensive meeting on February 28, 2026, approving detailed terms for its ₹31.63 crore rights issue and confirming March 6, 2026 as the record date. The meeting, held at the company's registered office in Indore from 5:00 PM to 5:35 PM, addressed multiple strategic initiatives including rights issue finalization and intellectual property agreements.

Rights Issue Terms and Structure

The Board approved comprehensive terms for the rights offering, building upon earlier approvals from the Rights Issue Committee and BSE Limited's in-principle approval received on February 25, 2026.

Record Date and Timeline Framework

The Board fixed Friday, March 6, 2026 as the record date for determining eligible equity shareholders entitled to receive rights entitlements, in compliance with SEBI regulations.

Share Capital Impact and Payment Terms

The rights issue will significantly expand the company's equity base upon full subscription, with the entire amount payable on application.

Regulatory Compliance and Demat Arrangements

In accordance with SEBI Master Circular SEBI/HO/CFD/PoD1/P/CIR/2024/0154 dated November 11, 2024, the company has established necessary arrangements with NSDL and CDSL for crediting rights entitlements in dematerialized form to eligible shareholders' demat accounts prior to the issue opening date.

Strategic Developments and IP Assignment

The Board also approved a Term Sheet executed with Absolute Legends Sports Private Limited on February 28, 2026, for transferring Intellectual Property Rights relating to Legends League Cricket. However, the company confirmed its decision not to proceed with acquiring or operating any team in the Legends Cricket League at this stage, following internal evaluation of the earlier proposal announced in October 2026.

Next Steps and Documentation

Detailed terms of the rights issue, including application procedures and fractional entitlements, will be specified in the Letter of Offer to be filed with BSE Limited and SEBI. The company has ensured complete adherence to statutory formalities under Regulations 30, 42, and 68 of applicable SEBI regulations.