Outcome of the Meeting of the Rights Issue Committee of Bluegod Entertainment Limited pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 - Allotment of Equity Shares.
Awaiting price reaction for this filing.
Bluegod Entertainment Ltd has completed the allotment of its Rights Issue, issuing 10,30,80,182 equity shares at Rs. 3 per share (face value Rs. 1, premium Rs. 2), raising approximately Rs. 30.92 crore in total. The Rights Issue Committee approved the allotment on March 23, 2026, based on the Letter of Offer dated February 28, 2026, with the basis of allotment finalized in consultation with BSE and the Registrar to the Issue. The company, formerly known as Indra Industries Limited, has now completed this capital raise through the rights route.
The share count of the company will increase significantly due to the rights issue, which may lead to near-term dilution for existing shareholders. The fresh capital of around Rs. 30.92 crore could strengthen the company's balance sheet, though the specific use of funds is not mentioned in this filing.