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Blue Star Ltd Board/Management Information 2024

Aug 6, 2024

61425_rns_2024-08-06_51188d1c-0957-4a03-b672-9600a7226058.pdf

Board/Management Information

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August 6, 2024

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400 001
BSE Scrip Code: 500067
National Stock Exchange of India Ltd
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
NSE Symbol: BLUESTARCO

Dear Sir/Madam,

Sub : Press Release

We are enclosing herewith a copy of the Press Release issued by the Company titled “Blue Star elevates Mr P Venkat Rao to the Board designated as Executive Director - Projects, Solutions & International” .

This intimation is also being placed on the website of the Company at www.bluestarindia.com

Kindly take the same on record.

Thanking you, Yours faithfully, For Blue Star Limited RAJESH Digitally signed by RAJESH DIGAMBAR PARTE DN: c=IN, o=PERSONAL, title=5749, pseudonym=6729d59dfc2a4a71a5632e039dbb3f14, 2.5.4.20=3ee67315b0a8e81797298ba7027 DIGAMB 37ee4f4c9aaeb14b23c618ec4ece01383c81e, postalCode=400037, st=Maharashtra, serialNumber=f61ea3be0521495570c9c79 36a63d125c2a0069839e393780a58fc3b33 AR PARTE 921632, cn=RAJESH DIGAMBAR PARTE Date: 2024.08.06 15:23:11 +05'30'

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Rajesh Parte Company Secretary & Compliance Officer

Encl.: a/a

Z:(01) Blue Star Limited\2024-25\Stock Exchange Compliances\Regulation 30 - Information and Update\7. Press Release

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Blue Star Limited

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PRESS RELEASE

Blue Star elevates Mr P Venkat Rao to the Board designated as Executive Director - Projects, Solutions & International

The Board of Directors of Blue Star Limited in its meeting held on August 6, 2024, has appointed Mr P Venkat Rao (P V Rao) as a Working Director designated as Executive Director- Projects, Solutions & International with effect from August 7, 2024, up to July 31, 2028, subject to the approval of the shareholders.

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Mr P V Rao will be the third Working Director joining the Board in addition to Mr Vir Advani, Chairman & Managing Director and Mr B Thiagarajan, Managing Director.

P V Rao holds a degree in Mechanical Engineering with an MBA in Marketing and a Post Graduate diploma in Industrial Relations and Personnel Management. He has also completed the ‘Senior Executive Program’ from London Business School.

P V Rao joined Blue Star in 1985, and in his long and successful career spanning over 36 years in the Company, he has held various positions and currently, as the President & Chief Operating Officer, he is responsible for the Electro-Mechanical Projects and Commercial Air Conditioning Systems segment.

P V Rao currently represents Blue Star Limited in CII Western Regional Council as an elected member. He is a Life Member of the Indian Society of Heating, Refrigerating and Air Conditioning Engineers (ISHRAE).

Vir S Advani, Chairman & Manging Director adds, “P V Rao is a customeroriented professional with rich experience in running B2B businesses. He played a significant role in the turnaround of the Electro-Mechanical Projects business and making it a profitable segment with a differentiated value proposition of Superior Projects Delivery. He is a welcome addition to the Board, and in his new role as an Executive Director, P V Rao will be responsible for the expansion of the air conditioning and refrigeration products business in the Middle East & Africa markets.”

Place: Mumbai

Date: August 6, 2024

For additional information, please contact Girish Hingorani, Vice President – Marketing (Cooling & Purification Appliances) & Corporate Communications, Blue Star Limited. Email: [email protected] Tel: +91 22 66684000/ +91 9820415919