Description
Bluegod Entertainment Ltd announces sub-division of equity shares from Rs. 10 each to Re. 1 each in 1:10 ratio with record date September 2, 2025.
Summary
Bluegod Entertainment Ltd (Scrip Code: 539175) has announced a sub-division of its equity shares, splitting each existing share of Rs. 10 face value into 10 shares of Re. 1 face value each. The record date for this corporate action is set for September 2, 2025.
Key Points
- Sub-division ratio: 1 equity share of Rs. 10 becomes 10 equity shares of Re. 1 each
- Record date: September 2, 2025
- Effective date: September 2, 2025
- Current ISIN (INE924N01016) for Rs. 10 paid-up shares will become invalid from September 2, 2025
- New ISIN for Re. 1 paid-up shares will be communicated separately
Regulatory Changes
The existing ISIN Number INE924N01016 for Rs. 10 paid-up equity shares will not be valid for exchange transactions on or after September 2, 2025. A new ISIN will be assigned for the subdivided Re. 1 paid-up shares.
Compliance Requirements
- Trading members must note the change in share structure and ISIN
- All transactions after September 2, 2025 must use the new ISIN (to be announced)
- Dematerialized securities in rolling settlement segment are affected
Important Dates
- Record Date: September 2, 2025
- Effective Date: September 2, 2025
- ISIN Validity: Current ISIN invalid from September 2, 2025 onwards
Impact Assessment
This sub-division will increase the number of outstanding shares tenfold while reducing the face value proportionally. Shareholders will receive 10 shares for every 1 share held as of the record date. The action may improve liquidity and make shares more affordable for retail investors, though the total value of holdings remains unchanged.
Impact Justification
Standard corporate action affecting share structure and trading mechanics for existing shareholders