Please find enclosed

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 23, 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’) – Material Update We refer to our letter dated October 2, 2024 and April 3, 2024 (enclosed), and in accordance with Regulation 30 read with Para B of Part A of Schedule III of the Listing Regulations and relevant SEBI Circular, wherein the Company had informed the Stock Exchanges regarding arbitration proceedings filed against the Company before the International Chamber of Commerce (‘ICC’) by W.J. Towell & Co LLC (‘WJT’), an entity based in Oman, with whom the Company had entered into a Shareholders’ Agreement dated October 1, 2015 for managing affairs of Blue Star Oman Electro Mechanical Company. Initially, the arbitration proceedings filed against the Company was for OMR 103,18,000 (approx. Rs 223.60 crores) plus interest @7% on the total claim amount which was then revised by WJT to OMR 2,11,80,748 (approx. Rs 461.74 crores). The intimation in this regard was duly filed with the Stock Exchange on October 2, 2024. The Company contested the said arbitration proceedings reiterating that the claims filed by WJT are frivolous, unsubstantiated, premised on fundamental factual misstatements and contrary to the overwhelming facts and evidence. After going through the submissions made by the legal counsel of both the parties, the Arbitrator has pronounced its Award, which was received by the Company vide email dated July 23, 2026 at 3:06 p.m. (I.S.T.) The Arbitrator has issued the Award in favour of the Company, dismissing all the claims of WJT. 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 Accordingly, the entire claim of OMR 2,11,80,748 by WJT against the Company stands dismissed. However, the Arbitrator has reserved the Award on interest and costs which will be dealt with in a further Award. The details as required under Para B 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 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 details of any change in The Arbitrator has issued the Award in favour of the status and / or any the Company, dismissing all the claims of WJT. development in relation to such proceedings Accordingly, the entire claim of OMR 2,11,80,748 by WJT against the Company stands dismissed. However, the Arbitrator has reserved the Award on interest and costs which will be dealt with in a further Award. 2 In the case of litigation against key management personnel or its promoter or NA ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 3 In the event of settlement of NA the proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity 4 Expected financial NIL implications, if any, due to compensation, penalty etc.; Registered Office: Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai 400 020, India. T: +91 22 6665 4000 CIN: L 28920MH1949PLC 006870 October 2, 2024 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 Material Update We refer to our letter dated April 3, 2024 (enclosed), wherein the Company had, in accordance with Regulation 30 read with Para B of Part A of Schedule III of the Listing Regulations and SEBI circular dated July 13, 2023, informed the Stock Exchanges regarding arbitration proceedings filed against the Company with International Chamber of Commerce (ICC) by W.J. Towell & Co LLC (WJT), an entity based in Oman, with whom the Company had entered into a 1, 2015 for managing affairs of Blue Star Oman Electro Mechanical Company. In connection therewith, the Company would like to intimate that while the arbitration proceedings filed against the Company with the ICC was for OMR 103,18,000 (approx. Rs 223.60 crores) plus interest @7% on the total claim amount, the Statemnt of claim filed by WJT stands at OMR 2,11,80,748 (approx. Rs 461.74 crores). A copy of Statement of Claim filed by WJT with ICC was received by the Company vide email dated October 1, 2024 at 11:30 am. The Company reiterates that the claims filed by WJT are frivolous, unsubstantiated, premised on fundamental factual misstatements and contrary to the overwhelming facts and evidence. will not have any material financial impact on the Company. The disclosure with respect to the above as required under the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as 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 ANNEXURE - I Details required under the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 Sr. No. Particulars Description 1 The details of any change in the WJT in the arbitration petition had filed a claim status and / or any development against the Company amounting to OMR in relation to such proceedings 103,18,000 (approx. Rs 223.60 crores) plus interest @7% on the total claim amount. In the Statement of Claim received by the Company on October 1, 2024, the claim amount has been revised to OMR 2,11,80,748 (approx. Rs 461.74 crores) plus interest @7% on the total claim amount. The Company will be filing its counter claim in due course. 2 In the case of litigation against NA key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 3 In the event of settlement of the NA proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity