Company Profile

Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Blue Star has informed that its Registrar and Transfer Agent - Link Intime India has informed them on April 16, 2024 regarding loss of share certificate and request for issue of duplicate share certificate as details enclosed. As required under SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/ 2022/8 dated January 25, 2022, the company shall issue ‘Letter of Confirmation’ to the shareholders after complying with the required formalities. The company has enclosed the copy of email received by them from its Registrar & Share Transfer Agent.

Pursuant to Regulation 39(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Blue Star has informed that its Registrar and Transfer Agent - Link Intime India has informed them on March 16, 2024 regarding loss of share certificates and request for issue of duplicate share certificates as details enclosed. As required under SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/ 2022/8 dated January 25, 2022, the company shall issue ‘Letter of Confirmation’ to the shareholders after complying with the required formalities. The company has enclosed the copy of emails received by them from its Registrar & Share Transfer Agent.

The above information is a part of company’s filings submitted to BSE.

Blue Star has unveiled its new comprehensive range of Room ACs, including a ‘best-in-class affordable’ range and a ‘flagship premium’ range, for the forthcoming summer season. Overall, the Company has launched over 100 models across the spectrum of inverter, fixed speed, and window ACs, and across price points to cater to every consumer segment.

The market for room ACs is witnessing significant demand owing to burgeoning middleclass consumers with higher disposable incomes and the category becoming more of a necessity than a luxury. The Company is experiencing demand from first-time buyers, especially in the Tier 2, 3 and 4 markets, as well as the replacement market. Blue Star has launched a slew of products to cater to this growing demand, leveraging its manufacturing, R&D and innovation capabilities to roll out new, differentiated and best-in-class ACs.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.

Blue Star is currently trading at Rs. 1320.40, up by 4.30 points or 0.33% from its previous closing of Rs. 1316.10 on the BSE.

The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1323.35 and Rs. 1297.80 respectively. So far 94458 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1338.95 on 02-Mar-2024 and a 52 week low of Rs. 672.50 on 03-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1338.95 and Rs. 1253.00 respectively. The current market cap of the company is Rs. 27113.39 crore.

The promoters holding in the company stood at 36.49%, while Institutions and Non-Institutions held 40.21% and 23.30% respectively.

Blue Star has unveiled its new comprehensive range of Room ACs, including a ‘best-in-class affordable’ range and a ‘flagship premium’ range, for the forthcoming summer season. Overall, the Company has launched over 100 models across the spectrum of inverter, fixed speed, and window ACs, and across price points to cater to every consumer segment.

The market for room ACs is witnessing significant demand owing to burgeoning middleclass consumers with higher disposable incomes and the category becoming more of a necessity than a luxury. The Company is experiencing demand from first-time buyers, especially in the Tier 2, 3 and 4 markets, as well as the replacement market. Blue Star has launched a slew of products to cater to this growing demand, leveraging its manufacturing, R&D and innovation capabilities to roll out new, differentiated and best-in-class ACs.

Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.

With reference to its letter dated February 23, 2024, with respect to Postal Ballot Notice (the ‘Notice’) dated February 23, 2024 for seeking member’s approval for special businesses as set out in the said Notice, pursuant to Regulation 47 of the Listing Regulations and in accordance with the applicable provisions of the Companies Act, 2013 read with relevant Rules made thereunder, Blue Star has informed that it enclosed the copies of the advertisement stating the details of Postal Ballot and e-voting as published in the newspapers: Financial Express (English - All India Edition) and Mumbai Lakshadeep (Marathi - Mumbai Edition) both issued on February 24, 2024. The copy of the said advertisements are also being made available on the website of the Company at www.bluestarindia.com.

The above information is a part of company’s filings submitted to BSE.