Blue Cloud Softech Solutions Ltd — Updates, 23-05-2025: Company Update

Blue Cloud Softech Solutions Limited has announced a board meeting approving key executive appointments, including a new Director – Executive and Chief Innovation Officer, Chief Information Security Officer, Chief Sales Officer, and Chief Operating Officer, strengthening leadership across innovation, security, sales, and operations. The Board approved increasing the authorised share capital from Rs. 63 Cr to Rs. 80 Cr, and set an investment limit up to Rs. 1300 Cr for investments in Indian and overseas entities. It also approved issuing 32 crore equity shares via a preferential allotment share swap to acquire 100% of AIS Anywhere, a New Jersey-based tech solutions provider with $83.7M turnover in 2024, enhancing Blue Cloud’s US presence and business scope. Additionally, the Board approved fundraising through Foreign Currency Convertible Bonds up to USD 50 million, subject to shareholder approval.