BLUESTARCONSEBlue Star Limited· AirconditionersLowNeutral
Announced Tue, 31 Mar · 22:13 IST

Blue Star Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

BLUESTARCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹1612.50
prior close
₹1680.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-0.4-0.8-1.7-4.8-3.2-4.5+0.5+2.0+7.3+12.6+11.8-4.0-0.5
Up moveDown movePending
AI summary

Blue Star Limited announced the results of its Postal Ballot conducted via remote e-voting, which closed on March 31, 2026. Three resolutions were put to shareholders and all were passed with the requisite majority. Resolution 1 was the re-appointment of Mr B Thiagarajan as Managing Director for the period April 1, 2026 to May 24, 2027. Resolution 2 approved the appointment of Mr Mohit Sud as Executive Director – Unitary Cooling Products Group for five years starting April 1, 2026. Resolution 3 approved the appointment of Mr M S Unnikrishnan as an Independent Director for five years from January 29, 2026. The scrutinizer submitted his report on March 31, 2026, and as per the cut-off date there were 1,09,412 shareholders on record. The results and the scrutinizer's report have been made available on the company's website and on the NSDL e-voting portal.

Likely market impact

The approval confirms leadership continuity at Blue Star with the re-appointment of the Managing Director and a new Executive Director for the cooling products division, while adding a new Independent Director to the board. For shareholders, this is largely a routine governance outcome and is unlikely to cause any major movement in the stock price.