NewsCorporate ActionsBluegod Entertainment Rights Issue Committee Meeting Scheduled for January 23, 2026 to Decide Issue Price and TermsBluegod Entertainment Rights Issue Committee Meeting Scheduled for January 23, 2026 to Decide Issue Price and Terms
Bluegod Entertainment Limited has scheduled a Rights Issue Committee meeting for January 23, 2026, to determine the issue price and terms for its ₹33.00 crore rights issue. The Board approved the rights issue on January 20, 2026, involving fully paid-up equity shares of ₹1.00 face value each. The committee will decide on pricing, payment mechanisms, entitlement ratios, record date, and timing. A trading window closure is in effect from January 20, 2026, until 48 hours after the committee meeting concludes.
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Bluegod Entertainment Limited has announced that its Rights Issue Committee will convene on January 23, 2026, to finalize crucial details regarding the company's proposed rights issue. The meeting follows the Board of Directors' approval on January 20, 2026, for a rights issue worth up to ₹33.00 crores.
Rights Issue Details
The Board of Directors approved the offer and issuance of fully paid-up equity shares with a face value of ₹1.00 each to eligible shareholders. The rights issue will be conducted in accordance with multiple regulatory frameworks including the Companies Act 2013, SEBI Issue of Capital and Disclosure Requirements Regulations 2018, and SEBI Listing Regulations.
| Parameter | Details |
|---|---|
| Maximum Issue Size | ₹33.00 crores |
| Share Face Value | ₹1.00 per share |
| Committee Meeting Date | January 23, 2026 |
| Board Approval Date | January 20, 2026 |
Committee Meeting Agenda
The Rights Issue Committee meeting scheduled for Friday, January 23, 2026, will address several critical aspects of the rights issue. The committee will consider and decide on:
- Determination of the rights issue price
- Related payment mechanism
- Rights entitlement ratio for shareholders
- Record date for eligibility
- Timing of the rights issue
- Other terms and conditions related to the offering
Trading Window Closure
In compliance with SEBI Prohibition of Insider Trading Regulations 2015 and the company's Code of Conduct, Bluegod Entertainment has implemented a trading window closure. The restriction affects designated persons and their immediate relatives, preventing them from dealing in the company's securities.
| Trading Window Details | Timeline |
|---|---|
| Closure Start Date | January 20, 2026 |
| Closure End | 48 hours after Rights Issue Committee meeting |
| Affected Parties | Designated persons and immediate relatives |
Company Information
Bluegod Entertainment Limited, formerly known as Indra Industries Limited, operates with CIN L74202MP1984PLC002592. The company's registered office is located at 301-G Goyal Vihar, Gate No. 2 Khajrana Road, Indore, Madhya Pradesh. The announcement was signed by Nitin Ashok Kumar Khanna, Managing Director and CFO, who holds DIN 09816597.
The rights issue represents a significant capital raising initiative for the company, with the final terms and pricing to be determined by the committee meeting outcome on January 23, 2026.
