Shareholders meeting

Blue Star Limited Band Box House, 4th Floor, 254 D, Dr Annie Besant Road, Worli, Mumbai 400 030, India. T : +91 22 6654 4000 E : secretarialdesk@bluestarindia.com www.bluestarindia.com September 16, 2026 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code: 500067 NSE Symbol: BLUESTARCO Dear Sir/Madam, Sub: Postal Ballot Notice – Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’) Pursuant to Regulation 30 read with Schedule Ill of the Listing Regulations, we are enclosing herewith the Postal Ballot Notice dated September 16, 2026 (the ‘Notice’), together with Explanatory Statement which is being sent to the members on their registered email address, seeking approval for the following Special Business as set out in the said Notice: Description of Resolution Type of Resolution 1. Appointment of Mr Nikhilesh Panchal as an Independent Special Director of the Company to hold office for a term of five consecutive years commencing from August 14, 2026 to August 13, 2031 In compliance with the Ministry of Corporate Affairs circulars, physical copies of the Notice, postal ballot forms and pre-paid business envelopes are not being sent to members for this Postal Ballot. Notice is being sent in electronic form only. The remote e-voting period will commence on Thursday, September 17, 2026, (09:00 hours IST) and will end on Friday, October 16, 2026, (17:00 hours IST). During this period, members of the Company holding shares either in physical form or in dematerialized form, as on the cut-off date i.e., Friday, September 11, 2026, may cast their votes communicating assent or dissent by way of remote e-voting system only. Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020, India. T: +91 22 6665 4000 CIN: L 28920MH1949PLC 006870 Blue Star Limited Band Box House, 4th Floor, 254 D, Dr Annie Besant Road, Worli, Mumbai 400 030, India. T : +91 22 6654 4000 E : secretarialdesk@bluestarindia.com www.bluestarindia.com The instructions for remote e-voting are appended to the Postal Ballot Notice. The results of Postal Ballot through remote e-voting shall be declared on or before Sunday, October 18, 2026. This intimation is also being made available on the website of the Company at www.bluestarindia.com. Kindly take the same on record. Thanking you, Yours faithfully, For Blue Star Limited Rajesh Parte Company Secretary & Compliance Officer Encl.: a/a Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020, India. T: +91 22 6665 4000 CIN: L 28920MH1949PLC 006870 BLUE STAR LIMITED CIN: L28920MH1949PLC006870 Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020. Tel: +91 22 6665 4000, +91 22 6654 4000 Website: www.bluestarindia.com; Email: investorrelations@bluestarindia.com POSTAL BALLOT NOTICE Dear Member(s), NOTICE is hereby given pursuant to the provisions of Section 108, 110 and other applicable provisions, if any, of the Companies Act, 2013 (the ‘Act’) read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (‘the Rules’), Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), read with General Circular Nos.14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 read with other relevant circulars including General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (the ‘MCA Circulars’), Secretarial Standards on General Meetings (‘SS-2’) issued by the Institute of Company Secretaries of India and any other applicable provisions, of the Act, rules, regulations, circulars and notifications (including any statutory modification(s), clarification(s) or re-enactment(s) thereof for the time being in force) to transact the item of special business as set out in the Postal Ballot Notice proposed to be passed by the members of Blue Star Limited (‘the Company’) through remote e-voting i.e. voting through electronics means. In compliance with Regulation 44 of the Listing Regulations and pursuant to the provisions of Sections 108 and 110 of the Act, read with the Rules framed thereunder and the MCA Circulars, the manner of voting on the proposed resolution is restricted only to remote e-voting i.e., by casting votes electronically instead of submitting postal ballot forms. In accordance with the requirements of MCA Circulars, the Company will send Postal Ballot Notice by email, to only those members who have registered their email addresses with the Company/ RTA or depository/depository participants as on the cut-off date i.e. Friday, September 11, 2026. The communication of assent/dissent of the members will only take place through the remote e-voting system, and hence, hard copy of the Postal Ballot Notice along with postal ballot forms and pre-paid business envelope is not being sent to the members. Further, the Company has made necessary arrangements with the Company’s Registrar and Share Transfer Agent, MUFG lntime India Private Limited (Formerly known as Link Intime India Private Limited) (‘RTA’) for the members to register their e-mail address. Therefore, those members who have not yet registered their e-mail address are requested to register the same by following the procedure set out in the Notes to the Postal Ballot Notice. Members who have already registered their e-mail addresses are requested to keep their e-mail addresses validated with the Company /RTA/depository participants to enable servicing of documents electronically to their e-mail address. Page 1 of 18 In compliance with the provisions of Sections 108, 110 and other applicable provisions of the Act read with Rules framed thereunder, Regulation 44 of the Listing Regulations and SS-2, the Company has engaged National Securities Depository Limited (‘NSDL’), an authorised agency, to provide remote e-voting facility to its members. The procedure for remote e-voting is provided in the Notes to this Postal Ballot Notice. The remote e-voting period will commence on Thursday, September 17, 2026 (9:00 hours IST) and will end on Friday, October 16, 2026, (17:00 hours IST). During the remote e-voting period, Members of the Company holding shares either in physical form or in demat form, as on the cut-off date i.e. Friday, September 11, 2026, may cast their vote electronically. The Board of Directors (the ‘Board’) have appointed Ms Deepti Kulkarni (Membership No. A34733 and CP No. 22502) or failing her Mr Omkar Dindorkar (Membership No. A43029 and CP No. 24580) of MMJB & Associates LLP, Company Secretaries, as the Scrutinizer to conduct the Postal Ballot through remote e-voting process in a fair and transparent manner. After completion of remote e-voting period, the Scrutinizer will submit his Report to the Chairman & Managing Director / Group Chief Financial Officer / Company Secretary & Compliance Officer of the Company. The results of the voting conducted through Postal Ballot (through the remote e-voting process) along with Scrutinizer’s Report will be announced by either of the aforesaid officials of the Company on or before Sunday, October 18, 2026. The Board of Directors of the Company now propose to obtain the consent of the members by way of Postal Ballot for the matter as considered in the Special Resolution (‘Resolution’) appended below in accordance with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014. The Explanatory Statement pursuant to Section 102, 110 and other applicable provisions, if any, of the Act pertaining to the said Resolution setting out material facts and the reasons for the Resolution is also annexed. You a [Showing first 8,000 characters — download PDF for full document]