Proceedings / Outcome of the Extraordinary General Meeting of the Company pursuant to Regulation 30(6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Blue Cloud Softech Solutions Limited held its EGM on 4th May 2026 via video conferencing. The meeting was chaired by Managing Director Vinod Babu Bollikonda (in the absence of Chairman Janaki Yarlagadda) and was properly constituted with a quorum present. 40 shareholders attended. Five resolutions were tabled: (1) Increase in Authorised Share Capital and amendment to the Memorandum of Association (Ordinary Resolution); (2) Issuance of Equity Shares on a Preferential Basis for consideration other than cash (Special Resolution); (3) Change in designation of Vankineni Krishna Babu from Managing Director to Non-Executive Director (Ordinary Resolution); (4) Regularisation of Vinod Babu Bollikonda as a Director (Ordinary Resolution); (5) Appointment of Vinod Babu Bollikonda as Managing Director (Ordinary Resolution). Voting was conducted via remote e-voting (1st–3rd May 2026) and e-voting during the meeting, scrutinised by Ms. Sarada Putcha. Detailed voting results and the scrutinizer's report will be submitted to BSE within the prescribed timeline.
The preferential equity share issuance (Special Resolution) is the most significant item, as it involves issuance for non-cash consideration which could dilute existing shareholders. The leadership changes, including Bollikonda's formal regularisation and appointment as Managing Director, consolidate management control.