BSECompany Update14h ago · 14 Oct 2026, 07:46 pm
Please find enclosed intimation for voluntary strike off of Blue Star Air Conditioning (U) Limited, a step down subsidiary of the Company
Blue Star Ltd · 500067
✦ AI SummaryDebt Restruc.
Blue Star Ltd has informed about the voluntary strike off of its step-down subsidiary Blue Star Air Conditioning & Refrigeration (U) Limited, subject to completion of necessary formalities in Uganda.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Blue Star Ltd - 500067 - Announcement under Regulation 30 (LODR)-Restructuring
Attachments (1)
📄pdf
Download →
e2c0a07b-b9bf-4405-ab38-8f96ca2bd6bc.pdf
View document text
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
October 14, 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.: Intimation under Regulation 30 of Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
(‘Listing Regulations’) – Voluntary strike off of Blue Star Air Conditioning &
Refrigeration (U) Limited, a step down subsidiary of the Company
In compliance with Regulation 30 read with Para A of Part A of Schedule III of the Listing
Regulations, we hereby inform you that the Board of Directors of Blue Star International
FZCO (‘BSIF’), a wholly owned subsidiary of the Company, at its meeting held today, i.e.
Wednesday, October 14, 2026, has approved voluntary strike off of Blue Star Air
Conditioning & Refrigeration (U) Limited (‘BS AC&R UL’), wholly owned subsidiary of BSIF
and a step down subsidiary of the Company, subject to completion of necessary formalities
as per the local laws of Uganda.
Pursuant to the aforesaid approval, necessary applications will be made to the Uganda
Registration Services Bureau, for strike-off of BS AC&R UL.
The meeting of BSIF commenced at 6:45 p.m. and concluded at 7:15 p.m. (IST).
BS AC&R UL was incorporated on June 27, 2023, in Uganda and has not commenced any
business since its incorporation.
Pursuant to the above, BS AC&R UL shall cease to be a subsidiary of BSIF and of the
Company upon completion of the process of the voluntary strike-off.
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 details as required under Para A of Part A of Schedule III of the Listing Regulations
and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026 (as amended) are enclosed as ‘Annexure – I’.
The above information is also being placed 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
Membership No.: A10700
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
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
ANNEXURE - I
Details as required under the Listing Regulations read with SEBI Master Circular
No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Particulars Description
1. The amount and percentage Blue Star Air Conditioning & Refrigeration (U)
of the turnover or revenue or Limited (‘BS AC&R UL’) has not commenced its
income and net worth operations since its incorporation.
contributed by such
subsidiary of the Company Hence, there is no turnover, revenue, income. As
during the last financial year at March 31, 2026, the company has negative net
worth of AED 5,31,000 (approx. Rs 1.35 crores).
2. Date on which the Not Applicable
agreement for sale has been
entered into;
3. The expected date of The strike-off of BS AC&R UL is expected to be
completion of sale/disposal; completed on or before March 31, 2027.
4. Consideration received from Not Applicable
such sale/disposal;
5. Brief details of buyers and Not Applicable
whether any of the buyers
belong to the promoter/
promoter group/group
companies. If yes, details
thereof;
6. Whether the transaction Not Applicable
would fall within related
party transactions? If yes,
whether the same is done at
“arm’s length”;
7. Whether the sale, lease or Not Applicable
disposal of the undertaking
is outside Scheme of
Arrangement? If yes, details
of the same including
compliance with regulation
37A of Listing Regulations;
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
8. Additionally, in case of a Not Applicable
slump sale, indicative
disclosures provided for
amalgamation/merger, shall
be disclosed by the listed
entity with respect to such
slump sale.
Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road,
Mumbai 400 020, India. T: +91 22 6665 4000
CIN: L 28920MH1949PLC 006870