BLUE STAR LTD. - 500067 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Blue Star Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here BLUE STAR LTD. - 500067 - Declaration Of Voting Results Of Postal Ballot
This is in reference to our letter dated May 6, 2020 enclosing therewith the Postal Ballot Notice dated April 30, 2020 seeking consent of Members of the Company through Special Resolutions for the following: 1. To increase the limits of borrowing by the Board of Directors of the Company under Section 180(1)(c) of the Companies Act, 2013; and 2. To seek approval under Section 180(1)(a) of the Companies Act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the Company. Post-closing of voting period at 17:00 hours (IST) on June 5, 2020, the Scrutinizer has submitted his Report on the Results of the Postal Ballot (through remote e-voting) on June 5, 2020. BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing herewith a copy of the Press Release issued by the Company titled 'Blue Star raises Rs 350 crores through issuance of unsecured Non-Convertible Debentures'. The aforesaid information is also being placed at the website of the Company, i.e.www.bluestarindia.com Kindly take the same on record. BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Allotment
With reference to our letter dated April 30, 2020 and May 29, 2020 and pursuant to the provisions of Regulation 30 of Listing Regulations, we hereby inform you that the Debenture Committee of the Board of Directors of the Company ('Committee') at its meeting held today, i.e. Monday, June 1, 2020 has approved allotment of 3,500, 7.65% Unsecured, Listed, Rated and Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakhs each of Rs 350 crores, to identified investors on private placement basis and subject to the terms of issue as per Information Memorandum and other Transaction Documents. The NCDs are proposed to be listed on Wholesale Debt Market Segment of National Stock Exchange of India Limited. We request you to take the above on record and the same be treated as compliance under the applicable regulations under the Listing Regulations, as amended. The aforesaid information is being made available on the Company''s website at www.bluestarindia.com BLUE STAR LTD. - 500067 - Outcome Of The Debenture Committee Meeting Of The Board Of Directors Of The Company Held On May 29, 2020
With reference to our letter dated May 26, 2020 and pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that the Debenture Committee of the Board of Directors of the Company ('Committee') at its meeting held today, i.e. Friday, May 29, 2020 has inter alia approved an issue of 3,000 Unsecured, Non-Convertible Debentures, having face value of Rs 10 lakhs each for cash at par aggregating to Rs 300 crores, with an option to retain over subscription up to Rs 50 crores, aggregating to Rs 350 crores, on a private placement basis as per the particulars furnished in 'Annexure A'. The meeting of the Committee commenced at 9:00 am and concluded at 9:55 am. The aforesaid information is being made available on the Company''s website at www.bluestarindia.com 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
Pursuant to Regulation 40(9) and 40(10) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/48 dated March 26, 2020 we are submitting herewith the Certificate relating to transfer, sub-division, consolidation,renewal, exchange or endorsement of calls/allotment monies received for the half year ended March 31, 2020, issued by M/s Jayshree Dagli & Associates, Company Secretaries. Kindly take the same on record. BLUE STAR LTD. - 500067 - Board Meeting Intimation for Prior Intimation Under Regulation 29(1)(D) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations')
BLUE STAR LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2020 ,inter alia, to consider and approve Pursuant to the Regulation 29(1)(d) of the Listing Regulations and with reference to our letter dated April 30, 2020, a meeting of the Debenture Committee of the Board of Directors of the Company will be held on Friday, May 29, 2020, inter alia to consider and approve the terms and conditions and other matters in relation to the issue of Unsecured, Listed Non-Convertible Debentures on private placement basis. This is for your information and records. BLUE STAR LTD. - 500067 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, we are submitting herewith the Annual Secretarial Compliance Report of the Company for the year ended March 31, 2020, issued by M/s N L Bhatia & Associates, Practicing Company Secretaries. Kindly take the same on record. BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 (6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") read with Part A of Schedule III of the Listing Regulations, we hereby inform you that the following meetings are scheduled with the Analysts/Institutional Investors: Date Meeting Type of Interaction 22/05/2020 IDFC Conference Virtual Investor Conference 22/05/2020 Motilal Oswal Limited Virtual Conference Kindly note that the above is subject to changes, if any. Kindly also note that the Presentation submitted vide our letter dated May 14, 2020 and uploaded on our website, might be made during the aforesaid meeting. Pursuant to Regulation 46(2)(o) of the Listing Regulations, the aforesaid information is also being placed at the website of the Company, i.e. www.bluestarindia.com BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that CARE Ratings Limited have reviewed the credit ratings assigned to the Company's long term and short term credit facilities. Kindly note that while the credit rating has been reaffirmed at AA+, the rating outlook has been revised from Stable to Negative due to temporary shutdown of manufacturing facilities, and expected lower demand of consumer durables in the near to medium term as a consequence of the lockdown imposed due to COVID-19 pandemic. The outlook may be revised to 'Stable' in case of faster than anticipated recovery in demand resulting in sustained improvement in the Company's business and financial risk profile. A copy of the Press Release issued by CARE Ratings Limited in this regard is available on their website at the given below link: http://www.careratings.com/upload/CompanyFiles/PR/Blue%20Star%20Limited-05-18-2020.pdf This is for your information and records.