Outcome of the Rights Issue Committee of the Company
Awaiting price reaction for this filing.
Bluegod Entertainment Ltd's Rights Issue Committee has finalized terms for a rights issue of up to Rs. 31.63 Crores (originally approved up to Rs. 33 Crores). The company will issue 10.54 crore fully paid-up equity shares of Re. 1 face value at Rs. 3 per share (including Rs. 2 premium). The rights entitlement ratio is 9 shares for every 47 shares held by eligible shareholders. The record date is set for Friday, 6th March 2026, with the issue opening on 12th March and closing on 19th March 2026. Post-issue, the total outstanding shares will rise from 55.06 crore to 65.60 crore assuming full subscription. The full amount is payable on application with no subsequent calls.
Eligible shareholders as of 6th March 2026 will receive rights entitlements and can subscribe at Rs. 3 per share. If not subscribed, the share count will dilute by roughly 19% on full subscription, so existing investors should evaluate whether to participate to avoid dilution of their stake.