BSECompany Update3d ago · 24 Jul 2026, 04:21 pm
Bluspring wholly owned subsidiary entered into a term loan agreement
Bluspring Enterprises Ltd · 544414
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Bluspring Enterprises Ltd's wholly owned subsidiary, Bluspring New Horizon Two Private Limited, has entered into a term loan agreement with a leading NBFC for up to Rs. 125 Crores to fund the acquisition of 100% of the paid-up share capital of LSG Sky Chefs (India) Private Limited.
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Full Announcement
Bluspring Enterprises Ltd - 544414 - Announcement Under Regulation 30 (LODR)
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Date: July 24, 2026
BSE Limited Na(cid:415)onal Stock Exchange of India Limited
1st Floor, New Trading Ring, Exchange Plaza,
Rotunda Building, PJ Towers, Bandra- Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Scrip Code: 544414 NSE Symbol: BLUSPRING
Dear Sir/ Madam,
Sub: Disclosure under Regula(cid:415)on 30 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng
Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, as amended (“LODR
Regula(cid:415)ons”)
This is in con(cid:415)nua(cid:415)on of our in(cid:415)ma(cid:415)on dated April 13, 2026 with respect to Bluspring New Horizon
Two Private Limited (“BNHTPL”), a wholly owned subsidiary of Bluspring Enterprises Limited
(“Company”) acquisi(cid:415)on of 100% stake in LSG Sky Chefs (India) Private Limited (“LSG”) from Airline
Catering and Retail Invest Asia Pacific Limited (“Seller 1”) and Alfred Anton Rigler (“Seller 2”)
(collec(cid:415)vely “Sellers”).
Pursuant to Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons,
2015, we hereby inform you that BNHTPL has entered into a term loan agreement with a leading NBFC
for an amount up to Rs. 125,00,00,000 /- (Rupees One Hundred and Twenty-Five Crores only) for
funding the aforesaid acquisi(cid:415)on of 100% of the paid-up share capital of LSG on a fully diluted basis.
The details required under Regula(cid:415)on 30 read with Schedule III (Part A), Para B of LODR Regula(cid:415)on
read with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30,
2026 are provided as Annexure A.
You are requested to kindly take the same on record.
Thanking you,
Yours sincerely,
For Bluspring Enterprises Limited
Arjun Sunil Makhecha
Company Secretary & Compliance Officer
Membership no. ACS 29253
Enclosed: a / a
Bluspring Enterprises Limited
Regd. Office: 3/3/2, Bellandur Gate, Sarjapur Main Road, Bengaluru – 560103, Karnataka
Tel: 080-6105 6001 | E-mail: corporatesecretarial@bluspring.com | CIN: L81100KA2024PLC184648
ANNEXURE A
Sr. No. Par(cid:415)culars Descrip(cid:415)on
1. Name(s) of par(cid:415)es with whom the agreement Bluspring New Horizon Two Private
is entered; Limited (“BNHTPL”), an unlisted wholly-
owned subsidiary of the Company has
entered into a term loan agreement with
a leading NBFC.
2. Purpose of entering into the agreement For funding the acquisi(cid:415)on by BNHTPL of
100% of the paid-up share capital of LSG
Sky Chefs (India) Private Limited (“LSG”)
on a fully diluted basis.
3. Size of agreement Not exceeding Rs. 125,00,00,000/-
(Rupees One Hundred and Twenty Five
Crores only)
4. Shareholding, if any, in the en(cid:415)ty with whom The Company holds 100% of the share
the agreement is executed capital of BNHTPL making it a wholly-
owned subsidiary
5. Significant terms of the agreement (in brief) Secured Loan with a tenor of upto 48
special rights like right to appoint directors, months from the date of disbursement
first right to share subscrip(cid:415)on in case of
issuance of shares, right to restrict any change
in capital structure etc.;
6. whether, the said par(cid:415)es are related to The Company holds 100% of the share
promoter/promoter group/ group companies capital of BNHTPL making it a wholly-
in any manner. If yes, nature of rela(cid:415)onship; owned subsidiary.
The NBFC is not related to
promoter/promoter group/ group
companies.
7. Whether the transac(cid:415)on would fall within The transac(cid:415)on does not fall within
related party transac(cid:415)ons? If yes, whether related party transac(cid:415)ons.
the same is done at “arm’s length”;
8. In case of issuance of shares to the par(cid:415)es, Not Applicable
details of issue price, class of shares issued;
9. in case of loan agreements, details of i. Lender: Leading NBFC
lender/borrower, nature of the loan, total ii. Borrower: Bluspring New Horizon Two
amount of loan granted/taken, total amount Private Limited
outstanding, date of execu(cid:415)on of the loan iii. Nature of the loan: Secured Term Loan
agreement/sanc(cid:415)on le(cid:425)er, details of the iv. Total amount of loan taken: ₹125
security provided to the lenders / by the Crores (Rupees One Hundred and
borrowers for such loan or in case Twenty Five Crores only)
outstanding loans lent to a party or borrowed v. Date of execu(cid:415)on of the loan
from a party become material on a agreement: July 23, 2026
cumula(cid:415)ve basis; vi. Details of the security provided to the
lenders: The loan is secured inter alia
against exclusive charge on fixed
assets and current assets of BNHTPL
and irrevocable Corporate Guarantee
from the Company
10. Any other disclosures related to such Not Applicable
agreements, viz., details of nominee on the
Bluspring Enterprises Limited
Regd. Office: 3/3/2, Bellandur Gate, Sarjapur Main Road, Bengaluru – 560103, Karnataka
Tel: 080-6105 6001 | E-mail: corporatesecretarial@bluspring.com | CIN: L81100KA2024PLC184648
Sr. No. Par(cid:415)culars Descrip(cid:415)on
board of directors of the listed en(cid:415)ty,
poten(cid:415)al conflict of interest arising out of
such agreements, etc.;
11. in case of termina(cid:415)on or amendment of Not Applicable
agreement, listed en(cid:415)ty shall disclose
addi(cid:415)onal details to the stock exchange(s):
i. name of par(cid:415)es to the agreement;
ii. nature of the agreement;
iii. date of execu(cid:415)on of the agreement;
iv. details of amendment and impact thereof
or reasons of termina(cid:415)on and impact thereof.
Bluspring Enterprises Limited
Regd. Office: 3/3/2, Bellandur Gate, Sarjapur Main Road, Bengaluru – 560103, Karnataka
Tel: 080-6105 6001 | E-mail: corporatesecretarial@bluspring.com | CIN: L81100KA2024PLC184648