Bluegod Entertainment Limited Announces Postal Ballot Process for Strategic Name Change and Business Diversification
Bluegod Entertainment Limited has dispatched notices to all eligible shareholders for e-voting on two critical resolutions that will reshape its corporate identity and operational scope.
Postal Ballot Details and Timeline
- E-voting Start Date: April 30, 2026 (9:00 AM)
- E-voting End Date: May 29, 2026 (5:00 PM)
- Cut-off Date: April 24, 2026
- Service Provider: Central Depository Services (India) Limited
- Scrutinizer: Vishakha Agrawal and Associates
Proposed Name Change Resolution
The first resolution seeks approval for changing the company's name from "Bluegod Entertainment Limited" to "Starbeam Ventures Limited."
- Change Subject to Approval: Approval from the Ministry of Corporate Affairs regarding name availability under Section 4(5) of the Companies Act, 2013
- Board of Directors Approval: April 24, 2026
- Official Approval: April 27, 2026 (from the Central Registration Centre)
The management believes the new name will better reflect the company's evolving business activities and strategic aspirations beyond its current entertainment sector focus.
Business Diversification Through Object Clause Alteration
The company seeks to add three new business verticals to support its expansion plans:
- Sports and Hospitality Sector:
- Comprehensive involvement in sports equipment trading (cricket, football, tennis, badminton, hockey, and gym equipment)
- Establishment of innovation-driven sports and wellness clubs across India
- Integration of physical activity with social engagement
- Hotels, restaurants, resorts, cafeterias, food courts, micro-breweries, and related services
- Agricultural Business Operations:
- Cultivation, farming, and production of crops, fruits, vegetables, and grains
- Engagement in livestock breeding, poultry management, and aquaculture for meat, dairy, and egg production
- Processing, packaging, and marketing of agricultural products
- Manufacturing and trading of fertilizers, pesticides, and seeds
- Real Estate Development:
- Activities as planners, builders, developers, architects, and contractors
- Construction and management of residential, commercial, and industrial complexes
- Leasing and property management services
Compliance and Regulatory Approval
The company has obtained a certificate from S D P M & Co., Chartered Accountants, confirming compliance with Regulation 45 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Framework
The SEBI (Depository and Participants) Regulations, 2018 require companies to submit quarterly certificates confirming that securities received from depository participants for dematerialization were properly processed.
Company Background
Bluegod Entertainment Limited was formerly known as Indra Industries Limited and trades on BSE under scrip code 539175 with the symbol BLUEGOD.