Postponement of the Meeting of the Rights Issue Committee of the Company
Awaiting price reaction for this filing.
Bluegod Entertainment Limited has postponed its Rights Issue Committee meeting originally scheduled for January 23, 2026. The meeting was to finalize key terms of the rights issue, including the record date, issue price, and entitlement ratio, which were already approved by the Committee on January 20, 2026. The postponement is because the company is still awaiting in-principle approval from the Bombay Stock Exchange for the proposed rights issue. The meeting will be reconvened on the next working day after the BSE approval is received. The company, formerly known as Indra Industries Limited, is yet to announce the issue size or purpose of the fundraise.
This is a procedural delay and not a cancellation. Shareholders are on standby until BSE clears the rights issue; those eligible will need to wait for the revised record date to be announced. The stock may see limited movement until the revised terms (price and ratio) are disclosed.