Voting Results and Scrutinizer Report for the Postal Ballot under Regulation 30 and 44 of SEBI (LODR) Regulations, 2026.
Awaiting price reaction for this filing.
Bluegod Entertainment Ltd (formerly Indra Industries Ltd, BSE Scrip: 539175) conducted a postal ballot through remote e-voting which closed on May 29, 2026. Two special resolutions were passed by shareholders with overwhelming majority. Resolution 1 approves changing the company's name from 'Bluegod Entertainment Limited' to 'Starbeam Ventures Limited' (name already approved by the Central Registration Centre on April 27, 2026), receiving 99.98% votes in favour. Resolution 2 approves adding new objects to the main objects clause of the Memorandum of Association, covering sports equipment and wellness clubs, agriculture and farming, and real estate development, receiving 99.90% votes in favour. Out of 16,173 total shareholders on record date (April 24, 2026), only 98 members participated, casting votes on 3,08,08,056 equity shares (just 4.71% of outstanding shares). Notably, promoters and promoter group held zero shares and did not participate in voting — all votes came from public non-institutions.
Shareholders should note that the company will officially be rebranded as 'Starbeam Ventures Limited' and is expanding its business scope into sports, agriculture, and real estate, signalling a strategic pivot away from its current entertainment focus. However, the very low voter turnout (4.71%) and zero promoter participation may raise governance concerns about the direction of the change.