Blue Cloud Softech Solutions Ltd

📈 Blue Cloud Expands Digital Footprint with Strategic Acquisition & Land Deal

• Blue Cloud plans to increase authorized share capital from ₹80 crores to ₹96 crores

• Issues 17 crore equity shares at ₹21.93 per share for acquisition

• Acquires 100% of Global Impx Inc. in deal valued at ₹372.81 crores

• Global Impx operates in renewable energy and digital infrastructure

• Includes subsidiaries ConnectM Technology Solutions and Geo Impex & Logistics

• Acquisition includes 196.7 acres of land in Odisha for data center development

• Expands Blue Cloud's entry into energy-backed digital infrastructure

• Mr. Vankineni Krishna Babu transitions to Non-Executive Director role

• Mr. Vinod Babu Bollikonda appointed as Managing Director

• Ms. Shraya Jaiswal resigns as Company Secretary & Compliance Officer

• Mr. Shambhu Prasad Hanumath Venkata Srinaga Mukkamala appointed as new Company Secretary