Outcome of the Meeting of the Board of Directors of Bluegod Entertainment Limited (Formerly Known As Indra Industries Limited) held on today i.e. Tuesday, 12th August, 2025.
Awaiting price reaction for this filing.
The Board of Bluegod Entertainment Ltd met on August 12, 2025 and approved several key items. The unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) were approved, showing a net loss of Rs. 51 lakh versus a profit of Rs. 187.35 lakh for the full year FY25, with zero revenue from operations in the quarter. The Board cleared the Board's Report, Corporate Governance Report, and Management Discussion & Analysis. It approved loans and guarantees under Sections 185 and 186 of the Companies Act, and raised the FPI/FII/FDI/NRI investment ceiling to 49% of paid-up capital. M/s Vishakha Agrawal & Associates was appointed as Secretarial Auditor for 5 years, and M/s K V N G & Associates as Internal Auditor. The 41st Annual General Meeting was scheduled for September 23, 2025 via online mode, with book closure from September 17 to 23, 2025.
Shareholders should note the weak Q1 FY26 results with no operating revenue and a Rs. 51 lakh loss, though paid-up capital has jumped sharply to Rs. 5,505.51 lakh from Rs. 647.71 lakh, indicating a recent equity raise. The hike in FPI/FII limit to 49% signals the company is looking to attract foreign investors, while the AGM and related book closure/e-voting timelines were set for September 2025.