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Bluegod Entertainment Greenlights 1:10 Stock Split Amid Sector Expansion


Updated: July 16, 2025 14:06

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Bluegod Entertainment Ltd has officially approved a 1:10 stock split, a highlight of its investor relations and corporate restructuring strategy. The move comes as the company continues to transform from a producer of fertiliser into a rapidly emerging player in India's entertainment industry.
 
Key Highlights
  • Every face value share of Rs 10 will be split into 10 shares of Rs 1 each
  • It was passed by the Board of Directors on July 16, 2025
  • The split is subject to shareholder and regulatory approvals under Section 61 of the Companies Act, 2013
  • The company aims to enhance liquidity and increase retail investor involvement
Strategic Context
  • Bluegod Entertainment had recently raised Rs 48.57 crore through a rights issue to meet its foray into film production and regional content
  • The firm acquired rights for a few movies such as Roti Kapda aur Internet, Pressure, Choranta, and Nannhen Ki Shaadi
  • FY25 results see 511% YoY increase in yearonyear sales and tenfold increase in net profit to Rs 1.82 crore
Market Impact
  • The stock reached its 52week high of Rs 18.15 on July 14, 2025, on positive investor sentiment
  • Experts anticipate the gap to boost trading volumes and bring in fresh retail investors
Corporate Evolution
  • Initially Indra Industries Ltd diversified from fertilizers and polymers to media and entertainment
  • The twosegment strategy places Bluegod in a niche role as an agrochemicals and content creator.
Sources: Business Standard, Rediff Money, GoodReturns, Angel One, Devdiscourse, Reuters, Livemint

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