Bluegod Entertainment Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the increase in the company's authorised share capital. The resolution was passed with requisite majority on February 21, 2026, marking a significant milestone in the company's corporate restructuring.

Authorised Capital Enhancement Details

The approved ordinary resolution authorises the increase of authorised share capital from ₹56,00,00,000 to ₹90,00,00,000. This enhancement involves the creation of additional 34,00,00,000 equity shares of ₹1 each, effectively expanding the company's capital base by ₹34,00,00,000.

Voting Results and Shareholder Participation

The postal ballot process witnessed significant shareholder participation, with 104 members holding 5,43,95,993 equity shares casting their votes through remote e-voting. The voting period extended from January 23, 2026, to February 21, 2026, providing ample opportunity for shareholder participation.

Process Administration and Compliance

The postal ballot process was conducted under the supervision of Vishakha Agrawal of Vishakha Agrawal & Associates, who served as the scrutinizer for the voting process. The scrutinizer was appointed by the board on January 20, 2026, and submitted the final report on February 23, 2026.

Key process highlights include:

• Record Date: January 16, 2026
• Total Shareholders on Record: 15,906
• Notice Distribution: Electronic notices sent to all eligible shareholders
• Voting Method: Remote e-voting through Central Depository Services Limited (CDSL)
• Resolution Type: Ordinary Resolution

Corporate Structure Impact

The approved resolution necessitates consequent alteration to Clause V of the company's Memorandum of Association. The new clause will reflect the enhanced authorised share capital structure, providing the company with greater flexibility for future business expansion and strategic initiatives.

The board of directors and company secretary have been authorised to undertake all necessary actions to implement this capital restructuring, including filing requisite documents with regulatory authorities and completing all procedural requirements under the Companies Act, 2013.

Bluegod Entertainment Limited has issued a postal ballot notice seeking shareholder approval for a significant increase in its authorized share capital. The company dispatched the notice on January 22, 2026, to all members whose names appear in the Register of Members as of January 16, 2026.

Proposed Capital Structure Changes

The company seeks to increase its authorized share capital substantially to support future growth initiatives. The following table outlines the proposed changes:

The Board of Directors recommended this increase at their meeting held on January 20, 2026, considering the company's size, operations, and future capital requirements. The additional authorized capital will facilitate potential fund raising through equity share issuances, including rights issues.

E-Voting Process and Timeline

The company has engaged Central Depository Services (India) Limited to provide e-voting facilities for this postal ballot. Key dates and procedures are outlined below:

Shareholders holding shares in either physical or dematerialized form as of the cut-off date are eligible to participate in the e-voting process. The company is sending postal ballot notices exclusively through electronic mode to members whose email addresses are registered with the company or depository participants.

Regulatory Compliance and Governance

The postal ballot process adheres to multiple regulatory frameworks and guidelines:

• Section 110 of the Companies Act, 2013
• Companies (Management and Administration) Rules, 2014
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Various MCA circulars issued between 2020-2023

Vishakha Agrawal and Associates, Practicing Company Secretaries, have been appointed as scrutinizer to conduct the postal ballot process in a fair and transparent manner. The scrutinizer will submit their report to the Chairman, and results will be communicated to BSE Limited and displayed on the company's website.

Shareholder Information and Support

The company has made arrangements for shareholders who need assistance with the e-voting process. Members facing technical issues can contact CDSL helpdesk at helpdesk.evoting@cdslindia.com or call 022-23058738. For shareholders whose email addresses are not registered, the company has provided specific procedures to update contact information through their respective depository participants.

The resolution will be deemed passed on February 21, 2026, if approved by the requisite majority. All material documents related to the explanatory statement are available for electronic inspection at the company's registered office during working hours until the last date for e-voting.