Newspaper Publication related to Right Issue
Awaiting price reaction for this filing.
Bluegod Entertainment Limited has announced a Rights Issue of up to 4,95,70,025 fully paid-up equity shares of face value Rs. 10 each at a price of Rs. 10 per share (1x face value), aggregating up to Rs. 49.57 crore. The ratio is 15 equity shares for every 2 shares held on the record date of Thursday, May 15, 2025. The issue opens on Friday, May 23, 2025 and closes on Friday, June 6, 2025. This filing is a regulatory submission under SEBI LODR Regulation 47 confirming that the public notice advertising the rights issue opening was published in newspapers on May 22, 2025. The abridged letter of offer and application form were dispatched to eligible shareholders on May 20, 2025.
Existing eligible shareholders should review the Letter of Offer and apply by June 6, 2025 to avoid losing their rights entitlements, or renounce/sell them on-market. Since the issue price equals face value, there is no premium dilution, but subscribing increases shareholding; not subscribing will result in dilution of ownership percentage.