Description

BSE notifies trading members that Rights Entitlements (REs) for BLUEGOD ENTERTAINMENT LIMITED will be available for renunciation trading from March 12-13, 2026, with the Rights Issue open from March 12-19, 2026.

Summary

BSE has informed trading members that Rights Entitlements (REs) for renunciation of BLUEGOD ENTERTAINMENT LIMITED will be permitted for trading on the Exchange effective Thursday, March 12, 2026. The REs will trade under scrip code 751097 and scrip ID BLUGOD-RE, settled on a T+1 rolling and trade-for-trade basis in dematerialized form only.

Key Points

  • Rights Entitlements (REs) for BLUEGOD ENTERTAINMENT LIMITED are tradable on BSE from March 12, 2026
  • Scrip Code: 751097 | Scrip ID: BLUGOD-RE | ISIN: INE924N20024
  • Trading period for renunciation: March 12, 2026 to March 13, 2026
  • Rights Issue open period: March 12, 2026 to March 19, 2026
  • Market Lot: 1 | Group: R
  • Settlement on T+1 Rolling Settlement basis, trade-for-trade
  • REs are tradable in dematerialized form only
  • REs not subscribed or renounced by Issue Closing Date shall lapse and be extinguished

Regulatory Changes

No new regulatory changes introduced. The circular references existing frameworks outlined in notice no. 20200305-21 (March 05, 2020) and notice no. 20200518-34 (May 18, 2020) for further procedural details on Rights Entitlements trading.

Compliance Requirements

  • Trading members must inform all clients about the commencement of trading in REs, specifying the ISIN (INE924N20024)
  • Clients must be clearly informed that REs should not be mistaken for ordinary shares of BLUEGOD ENTERTAINMENT LIMITED
  • Contract notes/bills must prominently include a disclaimer that purchasing REs only entitles the holder to participate in the ongoing Rights Issue or renounce the REs before the issue closes
  • Trading members must ensure REs are traded in dematerialized form only

Important Dates

  • March 12, 2026: Commencement of RE trading for renunciation; Rights Issue opens
  • March 13, 2026: Last day of RE trading for renunciation
  • March 19, 2026: Rights Issue closes; REs not subscribed or renounced will lapse after this date

Impact Assessment

This circular has a moderate and company-specific impact. Existing shareholders of BLUEGOD ENTERTAINMENT LIMITED have a two-day window (March 12-13) to renounce their Rights Entitlements via the exchange. Trading members need to ensure proper client communication and compliance with disclaimer requirements in contract notes. The short trading window and trade-for-trade settlement basis limits speculative activity. REs that go unexercised and unrenounced will be extinguished post-March 19, 2026, with no residual value.

Impact Justification

Company-specific rights entitlement trading notice affecting existing shareholders and trading members; limited broader market impact but operationally significant for participants in this rights issue.