Description
Bluegod Entertainment Ltd announces subdivision of equity shares from Rs. 10 each to Re. 1 each with record date September 2, 2025.
Summary
Bluegod Entertainment Ltd (Scrip Code: 539175) has announced the subdivision of its existing equity shares from Rs. 10 per share to Re. 1 per share, with a record date of September 2, 2025. Each existing share will be split into ten new shares.
Key Points
- Company: Bluegod Entertainment Ltd (Scrip Code: 539175)
- Subdivision ratio: 1 share of Rs. 10 becomes 10 shares of Re. 1 each
- Record date: September 2, 2025
- Effective date: September 2, 2025
- Current ISIN (INE924N01016) for Rs. 10 shares will become invalid from September 2, 2025
- New ISIN for Re. 1 shares to be announced separately
Regulatory Changes
The existing ISIN Number INE924N01016 for Rs. 10 paid-up shares will not be valid for exchange transactions on or after September 2, 2025. A new ISIN number for Re. 1 paid-up shares will be communicated through a separate notice.
Compliance Requirements
- Trading members must note the subdivision effective from September 2, 2025
- All transactions must use the new share structure and ISIN post-effective date
- Market participants should await the new ISIN announcement for Re. 1 shares
Important Dates
- Record Date: September 2, 2025
- Effective Date: September 2, 2025
- Notice Date: August 25, 2025
Impact Assessment
The subdivision will increase the number of shares outstanding by 10 times while proportionally reducing the share price, making shares more affordable for retail investors. The change in ISIN requires system updates and proper handling during the transition period.
Impact Justification
Stock subdivision affects share price and liquidity but is routine corporate action