BSECompany Update2 Sept 2026 · 2 Sept 2026, 10:46 am
Monitoring Agency Report
Starbeam Ventures Ltd · 539175
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Starbeam Ventures Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, confirming that the company has fully utilized the proceeds raised through its Rights Issue towards the objects specified in the offer document.
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Starbeam Ventures Ltd - 539175 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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STARBEAM VENTURES LIMITED
(Formerly known as Bluegod Entertainment Limited)
CIN: L74202MP1984PLC002592
Registered Office: 41-42, 2nd Floor, PU4, Scheme No. 54, Vijay Nagar, Indore, Madhya
Pradesh – 452010
Email id- hello@bluegod.in, Website: https://bluegod.in/ Tel. 7383380911
Date: 02.09.2026
The Director,
Listing and Market Operations,
The Bombay Stock Exchange of India Ltd,
Phiroze Jeejeebhoy Towers, 1st Floor,
Dalal Street, Fort,
Mumbai – 400001, Maharashtra.
Reference: ISIN - INE924N01024; Scrip Code- 539175; Symbol- STARBEAM
Subject: Monitoring Agency Report under Regulation 32 of SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
Dear Sir/Ma’am,
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“the Listing Regulations”) read with Regulation 162A of SEBI (Issue of
Capital and Disclosure Requirements) Regulations, 2018, we have enclosed herewith
Monitoring Agency Report for the quarter ended 30th June, 2026, issued by Infomerics
Valuation and Rating Limited (“Monitoring Agency”), in respect of the utilization of proceeds
raised through Rights Issue by the Company.
This is for your information and record.
Thanking you,
Yours Faithfully
FOR STARBEAM VENTURES LIMITED
(Formerly Known as Bluegod Entertainment Limited)
NITIN ASHOKKUMAR KHANNA
MANAGING DIRECTOR
DIN: 09816597
Monitoring Agency Report
For Starbeam Ventures Limited
(formerly known as Bluegod
Entertainment Limited)
for the quarter ended June 30, 2026
Monitoring Agency Report
Sep 01, 2026
Starbeam Ventures Limited (Formerly Known as Bluegod Entertainment Limited)
41 – 42, 2nd Floor,
PU – 4, Scheme No. 54
Vijay Nagar, Indore
Madhya Pradesh - 452010
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Right
Issue of equity shares of Starbeam Ventures Limited (“The Company”)
We write in our capacity of Monitoring Agency for the Rights Issue of Equity Shares for the
amount aggregating to Rs.30.92 crore of the Company and refer to our duties cast under 82 of
the Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements)
Regulations.
In this connection, we are enclosing the Monitoring Agency Report for the quarter ended June
30, 2026, as per aforesaid SEBI Regulations and Monitoring Agency Agreement dated Feb 28,
2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Infomerics Valuation and Rating Limited
Manav Mahajan
(Senior Director - Ratings)
Manav.Mahajan@infomerics.com
Report of the Monitoring Agency
Name of the Issuer: Starbeam Ventures Limited (Formerly Known as Bluegod Entertainment
Limited)
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Infomerics Valuation and Rating Limited
(a) Deviation from the objects: Nil
(b) Range of Deviation: Nil
Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects.
For example, up to 10%, 10 – 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc.
* Range of Deviation may be computed by taking weighted average of financial deviation of each
object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated
separately by way of notes.
The Company has fully utilised the proceeds raised through the Right Issue towards the objects specified
in the offer document. As on the date of the final Monitoring Agency Report, the entire Right Issue
proceeds have been utilised and no unutilised balance remains. Based on the information, documents and
supporting records made available by the Company, the Monitoring Agency confirms that the utilisation
of the Right Issue proceeds is in line with the objects stated in the offer document, and no deviation in
utilisation of the proceeds has been observed. Since the entire Right Issue proceeds have been utilised, this
report constitutes the final Monitoring Agency Report in respect of the said Right Issue.
The Name of the company has been changed w.e.f June 20, 2026.
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in
relation to the objects of the issue based on the information provided by the Issuer and information
obtained from sources believed by it to be accurate and reliable. The Monitoring Agency (MA)
does not perform an audit and undertakes no independent verification of any information/
certifications/ statements it receives. This Report is not intended to create any legally binding
obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the
use of the said information. The views and opinions expressed herein do not constitute the opinion
of MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this
report is intended to or should be construed as creating a fiduciary relationship between the MA
and any issuer or between the agency and any user of this report. The MA and its affiliates also
do not act as an expert as defined under Section 2(38) of the Companies Act, 2013. The MA or
its affiliates may have credit rating or other commercial transactions with the entity to which the
report pertains and may receive separate compensation for its ratings and certain credit-related
analyses.
We declare that we do not have any direct / indirect interest in or relationship with the
issuer/promoters/directors/management and also confirm that we do not perceive any conflict of
interest in such relationship / interest while monitoring and reporting the utilization of issue
proceeds by the issuer.
We further declare that this report provides true and fair view of the utilization of issue proceeds.
Signature:
Name of the Authorized Person/Signing Authority: Manav Mahajan
Designation of Authorized person/Signing Authority: Senior Director - Ratings
Seal of the Monitoring Agency:
Date: Sep 01, 2026
1) Issuer Details:
Name of the issuer: Starbeam Ventures Limited
Names of the promoters of the issuer: Mr Nitin Ashokkumar Khanna,
Industry/sector to which it belongs: The Company is engaged in the business of film production/Distribution.
2) Issue Details:
Issue Period: March 12, 2026 – March 20, 2026
Type of issue (public/rights): Right Issue
Type of specified securities: Equity Shares
Grading: NA
Issue size (Rs in Crores): Rs.30.92# crore of rights issue (Note No. 1)
# The Original Issue Size was Rs. 31.62 Crore however the Issue has been subscribed 97.78% only and accordingly, issue has been reduced to Rs. 30.92 Crore.
Note 1
Particulars Amount as per the Prospectus (Rs. In Crores)
Total shares issued and subscribed as part of Rights issue 10,30,80,182
Total proceeds received from Rights issue (in Rs.) 30.92*
Details of expenses incurred related to rights issue* (in Rs.) 0.75
Net proceeds available for utilisation (in Rs.) 30.17
*Infomerics Ratings shall be monitoring the Gross proceeds.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Particulars Reply Source of information / Comments of Monitoring Comments of
certifications considered by Agency Board of
Monitoring Agency for Directors
preparation of report
Whether all the utilization is as per disclosure in Yes, the utilization Chartered Accountant Out of gross proceeds of the No Comments
Offer has been made as certificate^, Letter of Offer, issue, Rs.30.36 crore was Received
Document? per Offer Bank Statements, Management utilised during the quarter
Document. Undertaking ended March 31, 2026 and Rs.
0.56 Crore has been utilised
during quarter ended June 30,
2026.
Whether Shareholder approval is obtained in case There are no Not applicable Not applicable No Comments
of material deviations from expenditures deviations from the Received
disclosed in Offer expenditures
Document? disclosed in the
Offer Document.
Hence no approval
is required
Whether means of finance for disclosed objects of There is no change Not applicable No No Comments
the Issue has changed? in t
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