Board of Blue Cloud Softech Solutions Limited Adjourns Meeting to Review Proposed Acquisition Plan

Mumbai (Maharashtra) [India], February 21: BSE Limited-listed Blue Cloud Softech Solutions Limited announced that its Board of Directors, at a meeting held on February 20, 2026, decided to adjourn proceedings after preliminary deliberations on a proposed acquisition. The decision was taken to enable directors to review additional information and conduct further evaluation before taking a final call on the transaction.

The adjourned Board meeting is scheduled to be reconvened on February 23, 2026, at 4:30 p.m. at the company's registered office. During the meeting, the Board will consider a proposal to acquire a 100% equity stake in another company through a share-swap arrangement. The proposed transaction remains subject to receipt of all necessary statutory, regulatory, and shareholder approvals, as well as clearances from relevant authorities, execution of definitive agreements, and fulfillment of customary conditions precedent.

In line with regulatory compliance and corporate governance requirements, the company also confirmed that the trading window for dealing in its securities by designated persons and their immediate relatives will remain closed until 48 hours after the outcome of the adjourned Board meeting is made public. This measure is intended to ensure transparency and prevent insider trading during the period of consideration of material corporate developments.

The Board meeting commenced at 4:30 p.m. IST and concluded at 9:00 p.m. IST. The update was formally communicated by Whole-time Director Manoj Sandilya Telakapalli on behalf of the company.

About the Company:
Blue Cloud Softech Solutions Limited is engaged in technology-driven business solutions and continues to evaluate strategic opportunities aimed at enhancing long-term shareholder value and expanding its business footprint

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

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