Annoucement Under Regulation 30 (LODR)- Newspaper Publication
Awaiting price reaction for this filing.
Bluegod Entertainment Limited (formerly Indra Industries Limited) has completed the allotment of its Rights Issue comprising 10,30,80,182 (about 10.3 crore) fully paid-up equity shares of ₹1 face value at an issue price of ₹3 per share (including a ₹2 premium), in the ratio of 9 rights shares for every 47 shares held, aggregating up to around ₹30.92 crore. The company received 679 applications for 10,57,01,241 shares, and the full 10,30,80,182 shares have been allotted, with refunds due on the excess 69,76,967 shares. The filing is the formal newspaper advertisement of the Post Issue Basis of Allotment submitted to BSE under SEBI LODR Regulation 47 and SEBI ICDR Regulation 92.
The rights issue is now fully subscribed and allotted, meaning the company has raised the intended capital while existing shareholders have had their entitlements processed. The newly allotted shares are expected to begin trading on BSE in dematerialised form, which may lead to short-term price pressure as the float expands.