Blue Star Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Blue Star Limited
Symbol
BLUESTARCO
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Yes
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Board Composition
Yes
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
29-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://www.bluestarindia.com/investors/annual-returns
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.bluestarindia.com/investors/schedule-of-analysts-or-institutional-investors-meet
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.bluestarindia.com/investors/newspaper-advertisements
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.bluestarindia.com/media/104569/dividend-distribution-policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.bluestarindia.com/media/254728/blue-star-policy-on-criteria-for-determining-materiality-of-events.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.bluestarindia.com/investors/financial-statements-of-subsidiary-companies
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.bluestarindia.com/investors/credit-rating
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.bluestarindia.com/about-us/our-company/company-profile
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.bluestarindia.com/media/271525/whistle-blower-policy.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.bluestarindia.com/investors/quarterly-financials
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.bluestarindia.com/media/6017/policy-for-determining-material-subsidiaries-26022019.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.bluestarindia.com/media/78799/policy-for-transaction-with-related-parties.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.bluestarindia.com/investors/shareholding-pattern
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.bluestarindia.com/
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.bluestarindia.com/investors/disclosures-under-regulation-46-and-62-of-the-lodr#
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
https://www.bluestarindia.com/media/343071/authority-to-kmp-policy-for-materiality-of-events.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.bluestarindia.com/investors/announcements
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://www.bluestarindia.com/media/404607/blue-star-employees-stock-option-scheme-2024.pdf
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.bluestarindia.com/media/394584/blue-star-moa-and-aoa.pdf
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
https://www.bluestarindia.com/investors/schedule-of-analysts-or-institutional-investors-meet
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.bluestarindia.com/investors/secretarial-compliance-reports
Disclosure Web Link Of Statements Of Deviations Or Variations As Specified In Regulation32Is Placed
https://www.bluestarindia.com/media/394631/monitoringagencyreportq3fy25.pdf
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Yes
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE472A01039
Market Capitalisation As Per Immediate Previous Financial Year
Top 500 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Rajesh Parte
Name Of Signatory Affirmations
Rajesh Parte
Name Of Signatory For Annual Affirmations
Rajesh Parte
Name Of Signatory For Quartely Affirmations
Rajesh Parte
Name Of The Company
Blue Star Limited
New Name And The Old Name Of The Listed Entity
Not Applicable
Number Of Cyber Security Incidence Or Breaches Or Loss Of Data Event Occurred During The Quarter
1
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
There are no loans/guarantees/securities/comfort letter provided to Promoter/Promoter Group/Directors (including relatives/KMP and any entity controlled by them except loan to Directors which are part of their employment terms and conditions.
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
b00205
Scrip Code
500067
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Yes
Symbol
BLUESTARCO
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Not Applicable
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
Yes
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_CyberSecurityIncidenceOrBreachesOrLossOfDataEvent1
Brief Details Of Cyber Security Incidence Or Breaches Or Loss Of Data Event
An AWS S3 bucket associated with our organization was identified as publicly accessible over the internet without authentication. This was reported by an independent security researcher through external security monitoring. Upon notification, we promptly took corrective action to restrict access and secure the resource. There has been no material impact on the Company’s financials, operations, or other business activities.
Date Of Cyber Security Incidence Or Breaches Or Loss Of Data Event
31-Jan-2026
Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit7
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit8
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit9
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
Yes
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionSpecial Resolution DateInitial AppointmentRe-appointmentCessationTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrVir S Advani******01571278Executive DirectorChairperson related to PromoterMD20-Aug-1975NoActiveNot Applicable01-Jul-201001-Apr-20211000
2MrThiagarajan Balasubramanian******01790498Executive DirectorNot ApplicableMD25-May-1957NoActiveNot Applicable13-May-201301-Apr-20211000
3MrPonnada Venkata Rao******09177075Executive DirectorNot Applicable01-Jul-1963NoActiveNot Applicable07-Aug-202407-Aug-202428-Feb-20260000
4MrDinesh Nanik Vaswani******00306990Non-Executive - Non Independent DirectorNot Applicable17-Jul-1962NoActiveNot Applicable01-Dec-201606-Aug-20251000
5MrRajiv Lulla******06384402Non-Executive - Non Independent DirectorNot Applicable24-Apr-1968NoActiveNot Applicable01-Dec-201603-Aug-20231010
6MsSunaina Murthy******07865860Non-Executive - Non Independent DirectorNot Applicable15-Feb-1974NoActiveNot Applicable01-Apr-201906-Aug-20241010
7MrSam Baman Balsara******00076942Non-Executive - Independent DirectorNot Applicable12-Jan-1951NoActiveYes06-Jun-202220-Jun-201720-Jun-202231-Jan-20261030000
8MrAnil Harish******00001685Non-Executive - Independent DirectorNot Applicable19-Mar-1954NoActiveNot Applicable22-Nov-201722-Nov-2022993373
9MrArvind Kumar Singhal******00709084Non-Executive - Independent DirectorNot Applicable10-Aug-1958NoActiveNot Applicable05-Feb-201905-Feb-2024862241
10MsAnita Ramachandran******00118188Non-Executive - Independent DirectorNot Applicable28-Apr-1955NoActiveNot Applicable13-Jun-202213-Jun-2022466682
11MrMurlidhar Gangadharan******03601196Non-Executive - Independent DirectorNot Applicable27-Jul-1960NoActiveNot Applicable30-Jan-202430-Jan-2024261120
12MrVipin Sondhi******00327400Non-Executive - Independent DirectorNot Applicable27-Apr-1960NoActiveNot Applicable30-Jan-202430-Jan-2024263322
13MrM S Unnikrishnan******01460245Non-Executive - Independent DirectorNot Applicable27-Jul-1960NoActiveNot Applicable29-Jan-202629-Jan-202624320

Committee Disclosures

Entry CompComit122
Date of Appointment
01-Apr-2019
Entry CompComit123
Date of Appointment
13-Jun-2022
Entry CompComit124
Date of Appointment
29-Jan-2026
Entry CompComit125
Date of Appointment
28-Jul-2014
Date Of Cessation Of Director In Committee
29-Jan-2026
Entry CompComit14
Date of Appointment
22-Nov-2017
Entry CompComit15
Date of Appointment
01-Aug-2019
Entry CompComit16
Date of Appointment
02-May-2024
Entry CompComit17
Date of Appointment
10-Nov-2016
Date Of Cessation Of Director In Committee
29-Jan-2026
Entry CompComit41
Date of Appointment
13-Jun-2022
Entry CompComit42
Date of Appointment
25-Jan-2017
Entry CompComit43
Date of Appointment
29-Jan-2026
Entry CompComit44
Date of Appointment
11-Aug-2017
Date Of Cessation Of Director In Committee
29-Jan-2026
Entry CompComit68
Date of Appointment
28-Oct-2021
Entry CompComit69
Date of Appointment
25-Jan-2017
Entry CompComit70
Date of Appointment
28-Oct-2021
Entry CompComit95
Date of Appointment
21-Oct-2014
Entry CompComit96
Date of Appointment
01-Apr-2019
Entry CompComit97
Date of Appointment
04-Aug-2021
Entry CompComit98
Date of Appointment
21-Oct-2014
Date Of Cessation Of Director In Committee
29-Jan-2026
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
https://www.bluestarindia.com/media/292474/committee-charter.pdf
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
00001685
Member Name
Anil Harish
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00709084
Member Name
Arvind Kumar Singhal
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
03601196
Member Name
Murlidhar Gangadharan
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
01790498
Member Name
Thiagarajan Balasubramanian
Position
Executive Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
07865860
Member Name
Sunaina Murthy
Position
Non-Executive - Non Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00118188
Member Name
Anita Ramachandran
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
01460245
Member Name
M S Unnikrishnan
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
01790498
Member Name
Thiagarajan Balasubramanian
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00118188
Member Name
Anita Ramachandran
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00306990
Member Name
Dinesh Nanik Vaswani
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00327400
Member Name
Vipin Sondhi
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00076942
Member Name
Sam Baman Balsara
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
01571278
Member Name
Vir S Advani
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
06384402
Member Name
Rajiv Lulla
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00001685
Member Name
Anil Harish
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
01790498
Member Name
Thiagarajan Balasubramanian
Position
Executive Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00709084
Member Name
Arvind Kumar Singhal
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
06384402
Member Name
Rajiv Lulla
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
07865860
Member Name
Sunaina Murthy
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Stakeholders Relationship Committee

Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
05-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
12
Number Of Independent Directors Attending The Meeting
6
Total Number Of Directors As On Date Of The Meeting
12
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
29-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
84
Number Of Directors Present In Meeting Of Board Of Directors
12
Number Of Independent Directors Attending The Meeting
7
Total Number Of Directors As On Date Of The Meeting
13
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
18-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Directors Present In Meeting Of Board Of Directors
11
Number Of Independent Directors Attending The Meeting
6
Total Number Of Directors As On Date Of The Meeting
11
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
17-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
25-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
127
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Previous Quarter
31-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
15-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
75
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Previous Quarter
04-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
28-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
84
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit7
Dates Of Meeting Of The Committee In The Relevant Quarter
16-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
46
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit8
Dates Of Meeting Of The Committee In The Previous Quarter
05-Dec-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit9
Dates Of Meeting Of The Committee In The Previous Quarter
03-Dec-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
https://www.bluestarindia.com/media/343070/shareholder-inquiries-contact-person.pdf
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.bluestarindia.com/media/343069/shareholder-inquiries-email.pdf
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
4
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
4
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
There were no transactions by the Company which are required to be reported for the Quarter ended March 31, 2026.
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
During the quarter there is no update in status of matter. The status given for previous quarter was as follows: The Company has requested Deputy Commissioner Central Tax to adjust principal demand and applicable interest and penalty against the pre-deposit and refund the balance advance after said adjustment along with applicable Interest. The Company has received the pre deposit refund along with interest to the extent of Rs 5.53 crores on February 19, 2025. However, the refund order passed by Assistant Commissioner was error prone, result of which legitimate refund was short received by Rs 67 lakhs. The Company has filed an appeal against the order with commissioner Appeal on April 11, 2025.
Date of Initiation
22-Jul-2016
Opposing Party
Customs, Excise, and Service Tax Appellate Tribunal, Kolkata (CESTAT)
Status (Previous Disclosure)
The disputes with the Service Tax Authority, West Bengal was with respect to short payment of service tax and incorrect CENVAT credit availed. The Company had disclosed the contingent liability of Rs 91.24 crores under the said matter. Aggrieved by the order passed by the Commissioner against the Company, appeal was filed by the Company along with a pre-deposit of Rs.4.95 crores for the said case. The matter was heard by CESTAT on February 7, 2024. Upon hearing both the parties, the CESTAT passed an order remanding the matter back to the Adjudicating Authority to, inter alia, examine the documents filed by the Company and to pass an appropriate order within 180 days from the date of receipt of Order after considering all the issues on merits as well as on limitation. The final order was received from the Office of the Principal Commissioner of CGST & CE, Central GST Kolkata North Commissionerate, significantly reducing the total tax liability from Rs. 91.24 crores to Rs. 0.45 crores. This revised amount includes a principal demand of Rs.0.35 crores and an equivalent penalty which can be reduced to Rs. 0.09 crores, if paid within 30 days from receipt of the order, excluding interest.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
During the quarter there is no update in status of matter. The status given for previous quarter was as follows: On quarter ended March 31, 2025, the Company had intimated that the Service Tax Authority, West Bengal had alleged that the Company has not reversed the CENVAT Credit availed on input services used in providing both taxable and non-taxable services and accordingly raised a demand of Rs 9.68 crores and equivalent penalty of Rs. 9.68 crores aggregating total demand of approx. Rs 19.35 crores. The matter was heard on April 21, 2025. Out of total 5 issues raised in the demand notice, Hon'ble Kolkata CESTAT ruled two issues in favor of the Company resulting in reduction of total demand by Rs 9.65 crores and 100% reduction in the penalty demand of Rs. 9.68 crores. The balance three issues demand amounts to Rs 3 lakh plus interest. The Company has decided not to contest for the three notices and agreed to pay the same along with Interest. During the quarter ended June 20, 2025 the Company has submitted a letter to the competent jurisdictional Authority to adjust the differential Tax along with interest with the pre deposit amount lying with Central Excise Department. During the quarter ended September 30, 2025, the Company received Pre-deposit refund of Rs.69 lakhs after adjusting the demand. The Company also received interest of Rs.26 lakh on this refund of pre-deposit which was credited as other income during FY 2024-25 financials. There was short receipt of refund by Rs.9 lakh due to wrong interest calculation by department for which appeal has been filed before the commission on September 15, 2025.
Date of Initiation
10-Jul-2019
Opposing Party
Customs, Excise, and Service Tax Appellate Tribunal, Kolkata (CESTAT)
Status (Previous Disclosure)
The Service Tax Authority, West Bengal has alleged that the Company has not reversed the CENVAT Credit availed on input services used in providing both taxable and non-taxable services and accordingly raised a demand of Rs 19.34 crores against which the Company has filed an appeal.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
During the quarter there is no update in status of matter. The status given for previous quarter was as follows: Matter pending before the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC).
Date of Initiation
29-Jan-2019
Opposing Party
Income-tax Department
Status (Previous Disclosure)
The Company has received an assessment order demanding tax liability of Rs 37.03 crores under section 143(3) of Income-tax Act, 1961 for AY 2015-16 wherein certain additions / disallowances have been made to returned income by the Ld. Assessing Officer. The Company has filed an appeal before Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC) against the said assessment order.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
During the quarter there is no update in status of matter. The status given for previous quarter was as follows: Matter pending before the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC).
Date of Initiation
24-Jan-2020
Opposing Party
Income-tax Department
Status (Previous Disclosure)
The Company has received an assessment order demanding tax liability of Rs 13.47 crores under section 143(3) of Income-tax Act, 1961 for AY 2016-17 wherein certain additions / disallowances have been made to returned income by the Ld. Assessing Officer. The Company has filed an appeal before Commissioner of Income-tax (Appeals), National Faceless Appeal Centre (NFAC) against the said assessment order.
Entry MainD
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Reason For Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity
There is no penalty imposed on the Company during the quarter ended March 31, 2026.
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
No