Blue Cloud Softech Solutions Ltd — Others, 02-06-2025: AGM/EGM

Blue Cloud Softech Solutions Limited has announced a board meeting to approve several key corporate actions. These include regularizing Mr. Vankineni Krishna Babu and Mr. Janarthanan Ravi as directors, with Krishna Babu appointed as Managing Director for five years. The company's authorized share capital will increase from Rs. 63 Cr to Rs. 80 Cr. Members' approval is sought to enable investments, loans, guarantees, and securities issuance up to Rs. 1300 Cr. Additionally, the company plans to raise funds through issuance of securities, including Foreign Currency Convertible Bonds (FCCBs), up to USD 50 million to support strategic growth and working capital needs. Voting will be conducted via remote e-voting and virtual meeting.