Clarification in respect of the proposed Promotion and Regulation of online bill, 2025

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Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹71.88

prior close

₹70.93

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.1% vs market

Entertainment peers, median of 50sector · industry level+0.0%-2.2% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.2 pts less than its Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

+0.8+0.2+0.6-0.5+1.3

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+19.6-0.5+20.1-6.3+25.9

+12.7-1.3+14.0-8.3+21.0

UpDownMarket · Nifty Microcap 250Sector · Entertainment peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

7Seas Entertainment has issued a voluntary clarification to the BSE regarding India's proposed Online Gaming Bill, 2025, which could ban real-money gaming. The company states it does not run, support, or have any involvement in real-money gaming, betting, or wagering of any kind. Its current portfolio consists only of casual, puzzle-based, educational, and entertainment games that are strictly free-to-play with no monetary stakes. The company confirms compliance with all existing laws and says the proposed bill will not affect its operations. The filing appears to be a proactive response to media reports that may have caused investor concern.

Likely market impact

This is a reassuring clarification aimed at preventing any panic selling due to the proposed gaming bill. Since the company says it is not involved in real-money gaming, the bill should have no direct impact on its business, though the stock may still see short-term volatility if investors conflate it with real-money gaming companies.