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 March 12-19, 2026.

Summary

BSE has notified trading members that Rights Entitlements (REs) for renunciation of BLUEGOD ENTERTAINMENT LIMITED (Scrip Code: 751097, Scrip ID: BLUGOD-RE) will be permitted for trading on the Exchange effective Thursday, March 12, 2026. The Rights Issue is open from March 12 to March 19, 2026, with REs tradable only in dematerialized form on a T+1 rolling settlement basis.

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
  • Market Lot: 1 | Group: R
  • Trading period for renunciation: March 12, 2026 to March 13, 2026
  • Settlement on T+1 Rolling Settlement basis on a trade-for-trade basis
  • REs are tradable in dematerialized form only
  • Trading members must inform clients that REs are not ordinary shares
  • REs that are neither subscribed nor renounced before the Issue Closing Date shall lapse and be extinguished

Regulatory Changes

No new regulatory changes introduced. This notice operates under the framework established by BSE Notice No. 20200305-21 (March 05, 2020) and Notice No. 20200518-34 (May 18, 2020).

Compliance Requirements

  • Trading members must inform all clients about commencement of trading in REs, specifying the ISIN (INE924N20024)
  • Members must clarify that REs should not be mistaken for ordinary shares of BLUEGOD ENTERTAINMENT LIMITED
  • Contract notes and bills for RE purchases must prominently include a disclaimer stating that purchasing REs only entitles the buyer to participate in the Rights Issue or renounce before closing
  • Members must ensure clients are aware that unsubscribed and unrenounced REs will lapse after the Issue Closing Date

Important Dates

  • March 12, 2026: Commencement of RE trading on BSE; Rights Issue opens
  • March 13, 2026: Last day for renunciation trading of REs
  • March 19, 2026: Rights Issue closes; last date to subscribe or renounce REs
  • REs not acted upon by March 19, 2026 will lapse and be extinguished

Impact Assessment

This circular has a moderate, company-specific impact. Existing shareholders of BLUEGOD ENTERTAINMENT LIMITED can trade their Rights Entitlements during the two-day renunciation window (March 12-13, 2026). The short trading window and trade-for-trade settlement basis limit speculative activity. Investors who neither subscribe to the rights issue nor renounce their REs before March 19, 2026 will forfeit value. Trading members face compliance obligations around client disclosures.

Impact Justification

Company-specific rights issue trading notification affecting holders of BLUEGOD ENTERTAINMENT LIMITED shares; limited market-wide impact but critical for existing shareholders and trading members dealing in this scrip.