Bluegod Entertainment Ltd. Approves Rights Issue of 10,54,24,650 Shares at Rs. 3.00 Each

The Board of Directors of Bluegod Entertainment Limited, at their meeting held on 28th February, 2026, approved the terms of a Rights Issue. The company will issue 10,54,24,650 fully paid-up equity shares at a price of Rs. 3.00 each, which includes a securities premium of Rs. 2.00 per equity share, amounting to a total issue size of Rs. 31,62,73,950. The record date for the Rights Issue is 6th March, 2026, and the Rights Issue period is from 12th March, 2026 to 19th March, 2026. The company has also executed a Term Sheet with Absolute Legends Sports Private Limited for the transfer of Intellectual Property Rights related to Legends League Cricket. However, the company has decided not to proceed with the acquisition or operation of any team in the Legends Cricket League at this stage.