Voting Results and Scrutinizer''s Report of the Postal Ballot
Awaiting price reaction for this filing.
Bluegod Entertainment Limited (formerly Indra Industries Limited) conducted a Postal Ballot through remote e-voting, which closed on February 21, 2026. Shareholders approved an Ordinary Resolution to increase the Authorised Share Capital from ₹56 crore (56 crore equity shares of ₹1 each) to ₹90 crore (90 crore equity shares of ₹1 each), along with a consequent alteration to Clause V of the Memorandum of Association. Out of 15,906 shareholders on record, 104 members holding 5,43,95,993 equity shares cast their votes, representing a 98.80% turnout. The resolution passed with overwhelming support, with 5,43,95,077 votes (99.998%) in favour and just 916 votes (0.0017%) against. The Scrutinizer, Vishakha Agrawal (Practicing Company Secretary), certified that the resolution was passed with the requisite majority.
The increase in Authorised Share Capital gives the company headroom to issue additional equity shares in the future, which could be used for fundraising, expansion, or stock splits, but does not by itself issue new shares or dilute existing shareholders. This is a procedural/preparatory step rather than an immediate dilution event.