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Blue Cloud Softech Solutions LtdBoard Meeting, 13-06-2025: Board Meeting

13-06-2025 | 09:13 pm

Blue Cloud Softech Solutions Limited has announced a board meeting approving a preferential allotment of 31.68 crore equity shares via a share swap with AIS Anywhere, a New Jersey-based tech solutions provider specializing in AI, data analytics, cybersecurity, IoT, and enterprise solutions. This acquisition will make AIS Anywhere a wholly owned subsidiary, supporting Blue Cloud’s strategic expansion into the US market and driving revenue growth. The share swap values AIS Anywhere at Rs. 730.54 Cr, with shares issued at Rs. 23.06 each. The transaction requires shareholder approval at an extraordinary general meeting and is expected to complete within 12 months.

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