Bluegod Entertainment Share Split on July 16

New Delhi, Jul 14 (PTI) Bluegod Entertainment on Monday said its board will meet on Wednesday, July 16, to consider and approve a proposal to sub-divide the equity shares of the company.

The current face value of the company share is Rs 10 per share, and the stock split will be subject to the approval of shareholders, the company said in a statement.

Bluegod Entertainment, formerly known as Indra Industries, is expanding its footprint in the entertainment sector through new film acquisitions, regional content ventures, and high-impact intellectual properties, while maintaining strong financial growth and strategic direction, the statement said.

The company recently raised Rs 49 crore through a rights issue to fuel its expansion plans.

The Indore-based company is a manufacturer of single super phosphate fertilisers and has also diversified into polymers.