Blue Cloud Softech Solutions Ltd
🔋 Blue Cloud Softech Expands into Renewable Energy & Digital Infrastructure
• Blue Cloud Softech is increasing its authorized share capital from ₹80 crores to ₹96 crores.
• A preferential issue of up to 17 crore equity shares at ₹21.93 per share is planned, with 16 crore shares allotted to ConnectM Technology Solutions and 1 crore to AstraBridge Inc.
• The acquisition of Global Impx Inc. is valued at approximately ₹372.81 crores and focuses on renewable energy and digital infrastructure expansion.
• Mr. Vankineni Krishna Babu transitions from Managing Director to Non-Executive Director effective April 6, 2026.
• Mr. Vinod Babu Bollikonda is appointed as Managing Director for 5 years starting April 6, 2026, pending shareholder approval.