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

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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

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Blue Star Ltd - 500067 - Announcement under Regulation 30 (LODR)-Restructuring

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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 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