BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Further to the intimation relating to the schedule of Fund Managers and Analysts Meet dated April 28, 2023, we request you read the date of the meeting as Friday, May 5, 2023. Further information is placed on the website of the Company at www.bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
With reference to our letter dated March 27, 2023, and pursuant to Regulation 30(6) read with Part A of Schedule Ill of the Listing Regulations, we hereby inform you that a Fund Managers and Analysts Meet, post announcement of Financial Results for the Fourth Quarter and Financial Year ended March 31, 2023 of the Company, is scheduled to be held on Thursday, May 5, 2023, at Mumbai. Further information is placed on the website of the Company at www.bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company BLUE STAR LTD. 2 CIN NO. L28920MH1949PLC006870 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* FY 2022-23, 23-24 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* Not Applicable 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* Not Applicable Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)FY 2022-23, 23-24 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Rajesh ParteDesignation :-Company Secretary and Compliance Officer Name of the Chief Financial Officer :- Nikhil Sohoni Designation : -Group Chief Financial officer Date: 20/04/2023 BLUE STAR LTD. - 500067 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyBLUE STAR LTD. 2CIN NO.L28920MH1949PLC006870 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 175.00 4Highest Credit Rating during the previous FY AA+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkNSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. YES Name of the Company Secretary: Rajesh Parte Designation: Company Secretary and Compliance Officer EmailId: [email protected] Name of the Chief Financial Officer: Nikhil Sohoni Designation: Group Chief Financial officer EmailId: [email protected] Date: 20/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. BLUE STAR LTD. - 500067 - Submission Of Certificate From Practicing Company Secretary Under Regulation 40(9) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations')
Pursuant to Regulation 40(9) and 40(10) of the Listing Regulations, we are submitting herewith the Certificate relating to transfer/ sub-division/ consolidation/ renewal/ exchange or endorsement of calls/ allotment monies received for the financial year ended March 31, 2023, issued by M/s Jayshree Dagli & Associates, Company Secretaries. The above information is also available on the website of the Company at www.bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Compliance Certificate - Regulation 7(3) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''Listing Regulations'')
Pursuant to Regulation 7(3) of the Listing Regulations, we hereby confirm that the activities in relation to share transfer facility are maintained by the Company's Registrar and Share Transfer Agent ('RTA'), viz., Link Intime India Private Limited, a SEBI registered Category - I RTA bearing Registration Number INR000004058 for the financial year ended March 31, 2023. The said information is also being made available on the website of the Company at: www. bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed herewith certificate received from Company's Registrar and Share Transfer Agent ('RTA'), viz., Link Intime India Private Limited, a SEBI registered Category I RTA bearing Registration Number INR000004058, confirming compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The above information is also available on the Company's website i.e. www.bluestarindia.com Kindly take the same on record.
AC annual sales to grow 25% till '28: Blue Star MD
India's air conditioner market is expected to grow 25% annually for at least five years, driven by the Centre's productivity-linked incentive schemes and energy-efficient ACs. The market sold about 8 million units last year and is set to cross 10 million this year, with 95% of buyers being first-time buyers and 65% in tier 3, 4 and 5 cities. The contribution of smaller cities is set to grow, aided by "affordable air conditioners". Blue Star has launched a range of affordable ACs to increase volumes and market share. Blue Star expects 25-30% growth backed by steady demand for ACs during summer
Expects to grab a 15 per cent share of the market by FY25 BLUE STAR LTD. - 500067 - Closure of Trading Window
Pursuant to Regulation 29 and 50 of the Listing Regulations, we hereby inform you that a meeting of the Board of Directors of the Company will be held on Thursday, May 4, 2023, inter alia to consider the following: a) Approval of the Audited Standalone and Consolidated Financial Results of the Company for the Fourth Quarter and Financial Year ended March 31, 2023, as required under Regulation 33(3) and 52 of the Listing Regulations; and b) Recommendation of final dividend for the year ended March 31, 2023, if any, on the equity shares of the Company. Further, pursuant to SEBI of India (Prohibition of Insider Trading) Regulations, 2015 and the Company''s ''Code of internal procedures and conduct for regulating, monitoring and reporting of trading by Insiders and Code of fair disclosure of unpublished price sensitive information'', the trading window for the Designated Persons shall remain closed from Saturday, April 1, 2023 till Saturday, May 6, 2023 (both days inclusive).