NSEGeneral Updates13 Jul 2026 · 13 Jul 2026, 11:26 pm

General Updates

Blue Star Limited · BLUESTARCO

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Blue Star Limited has informed the Exchange about Business Responsibility and Sustainability Report for the Financial Year 2025-26.

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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Blue Star Limited has informed the Exchange about Business Responsibility and Sustainability Report for the Financial Year 2025-26

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BLUESTARCO_13072026232555_SEIntimationBRSRFY26.pdf

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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 July 13, 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: Business Responsibility and Sustainability Report for the Financial Year 2025-26 Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith is the Business Responsibility and Sustainability Report (BRSR) of the Company for the Financial Year 2025-26 which also forms part of the Annual Report for the Financial Year 2025-26. This intimation is also being placed on the website of the Company at www.bluestarindia.com Kindly take the same on records. 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 Business Responsibility and Sustainability Report SECTION A: GENERAL DISCLOSURES I. Details of the listed entity [GRI 2-1, 2-2, 2-3] 1. Corporate Identity Number (CIN) of the Listed Entity L28920MH1949PLC006870 2. Name of the Listed Entity Blue Star Limited 3. Year of incorporation 1949 4. Registered office address Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020 5. Corporate address Band Box House, Dr Annie Besant Road, Worli, Mumbai 400 030 6. E-mail secretarialdesk@bluestarindia.com 7. Telephone +91 22 6654 4000 8. Website www.bluestarindia.com 9. Financial year for which reporting is being done April 1, 2025, to March 31, 2026 10. Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Limited and BSE Limited 11. Paid-up Capital 41,12,29,576 12. Details of the person who may be contacted in case of any queries on the BRSR report. S. Name Telephone Email 1. Mr Rajesh Parte - Company Secretary & Compliance Officer +91 22 2265 4000 secretarialdesk@bluestarindia.com 13. R eporting boundary - Are the disclosures under Standalone this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14. Name of assurance provider Intertek India Private Limited 15. Type of assurance obtained Reasonable Assurance obtained on the BRSR Core II. Products/services [GRI 2-6] 16. Details of business activities (accounting for 90% of the turnover): S. Description of Main Activity Description of Business Activity % of Turnover No. of the entity 1 Project Execution and and Electro-Mechanical Projects and Commercial Air Conditioning 55 Commercial Air Conditioning Systems. Systems 2 Manufacturing, trading and Unitary Products (room air conditioners, commercial refrigeration 45 after-sales service products and systems, water purifiers, air purifiers and air coolers). 176 Blue Star Limited INTEGRATED REPORT STATUTORY REPORTS FINANCIAL STATEMENTS 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. Product/Service NIC Code % of total Turnover No. contributed 1 Electro-Mechanical Projects and Commercial Air Conditioning Systems 43219/43229 55 2 Unitary Products (room air conditioners, commercial refrigeration products 28191/28192 45 and systems, water purifiers, air purifiers and air coolers) III. Operations [GRI 2-6] 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 5 27 32 International 0 0 0 *The wholly owned subsidiaries of Blue Star have 6 international offices. 19. Markets served by the entity a. Number of locations Locations Number National (No. of States) 28 States and 8 Union Territories International (No. of Countries) 36 b. What is the contribution of exports as a percentage of the total turnover of the entity? 6.74% c. A brief on types of customers Business segment Type of customers Electro-Mechanical Key customers for this segment comprise: Projects and Commercial a) Infrastructure facilities such as airports, public utilities such as water distribution Air Conditioning Systems systems of the State Governments and mass transit systems including metro, railways. b) Commercial buildings such as large offices, industrial facilities including factories, malls, hotels, hospitals, shops, boutique showrooms etc. c) Data Centre Facilities. Unitary Products Room Air Conditioners business predominantly serves the residential segment while the commercial refrigeration products, storage water coolers and cold room solutions serve the commercial segment. Annual Report 2025-26 177 IV. Employees [GRI 2-7, 2-8, 405-1, 401-1] 20. Details as at the end of Financial Year: a. Employees and Workers (including differently abled): S. Particulars Total (A) Male Female No. No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1 Permanent (D) 3,190 2,842 89.09 348 10.91 2 Other than permanent (E) 1,589 1,510 95.03 79 4.97 3 Total Employees (D+E) 4,779 4,352 91.07 427 8.93 WORKERS 4 Permanent (F) 462 433 93.72 29 6.28 5 Other than permanent (G) 8,884 8,797* 99.02 87 0.98 6 Total Workers (F+G) 9,346 9,230 98.76 116 1.24 * The increase in the headcount of other than permanent workers is due to the inclusion of contractual workforce at project sites. The data for FY 2025–26 is based on CLRA filings for the calendar year 2025 (January to December). b. Differently abled Employees and Workers: S. Particulars Total (A) Male Female No. No. (B) % (B / A) No. (C) % (C / A) DIFFERENTLY ABLED EMPLOYEES 1 Permanent (D) 3 3 100 0 0 2 Other than permanent (E) 0 0 0 0 0 3 Total differently abled employees (D + E) 3 3 100 0 0 DIFFERENTLY ABLED WORKERS 4 Permanent (F) 0 0 0 0 0 5 Other than permanent (G) 1 1 100 0 0 6 Total differently abled workers (F + G) 1 1 100 0 0 • Permanent Employees include management and non-management staff (M-staff + G-staff). • Other than permanent employees include Fixed Term Contract (FTC) personnel and Fixed Term Equivalents (FTEs). • Permanent Workers include only workers who are on the rolls of the Company. • Other than Permanent workers include workers on third party roll and on contract. • Apprentices have not been included in the Workforce. • The increase in the headcount of other than permanent workers is due to the inclusion of contractual workforce at project sites. The data for FY 2025–26 is based on CLRA filings for the calendar year 2025 (January to December). 21. Participation/Inclusion/Representation of women Particulars Total (A) No. and percentage of Females No. (B) % (B / A) Board of Directors 11 2 18.18 Key Management Personnel* 4 0 0.00 *Key Managerial Personnel includes two Managing Directors, Group Chief Financial Officer and Company Secretary & Compliance Officer. 178 Blue Star Limited INTEGRATED REPORT STATUTORY REPORTS FINANCIAL STATEMENTS 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) Particulars FY 2026 (Turnover rate in FY 2025 (Turnover rate in FY 2024 (Turnover rate in current FY) current FY) current FY) Male Female Total Male Female Total Male Female Total Permanent Employees 18.82 17.01 18.63 16 14.33 15.82 18.05 16.91 17.93 Permanent Workers 0.46 0 0.43 2.17 0 1.64 0.31 0 0.31 V. Holding, Subsidiary and Associate Companies (including joint ventures) [GRI 2-2] 23. (a) Names of holding / subsidiary / associate companies / joint ventures S. Name of the holding / subsidiary / Indicate whether % of shares Does the entity indicated No. associate companies / joint ventures (A) holding/ subsidiary/ held by at colu [Showing first 8,000 characters — download PDF for full document]