Blue Star Ltd — Capital/Financing Update 2020

Nov 9, 2020

November 9, 2020

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

Dear Sir/Ma'am,

Sub: Press Release

We are enclosing herewith a copy of the Press Release issued by the Company titled "Blue Star wins another prestigious order worth Rs 128 crores from M/s Wistron Infocomm, major manufacturer of iPhone for Apple."

The said information is also being made available on the website of the Company i.e. www.bluestarindia.com

Kindly take the same on record.

Thanking you, Yours faithfully, For Blue Star Limited

Vijay Devadiga Company Secretary

Encl: a/a

Z:(01) Blue Star Limited\2020-21\Stock Exchange Compliances\Regulation 30 - Information and Updates\Press Release \ 09.11.2020

Blue Star Limited

PRESS RELEASE

Blue Star wins prestigious order worth Rs 128 crores from M/s Wistron Infocomm, major manufacturer of iPhones for Apple

Air conditioning and commercial refrigeration major, Blue Star Limited, has won a prestigious order from M/s Wistron Infocomm valued at Rs 128 crores, for Mechanical Electrical and Plumbing (MEP) works for their factory expansion project. Currently, this order is one of the largest and fast-track projects, being executed by Blue Star in the factories segment.

The scope includes supply, installation, testing and commissioning of HVAC system of 4000 Ton capacity, HT and LT electrical works with switchgear, transformers and DG sets, fire-fighting system, plumbing, compressed air system, and sophisticated Building Management System.

Wistron is a Taiwan based contract manufacturer of electronic goods and is one of the major manufacturers of iPhones for Apple. Wistron has been producing Apple devices at its existing factory at Kolar, Bengaluru, and has now embarked upon its Phase II expansion as a part of which, it is constructing a large manufacturing block and an IT building.

B Thiagarajan, Managing Director, Blue Star Limited, adds, "Blue Star is proud to have bagged this prestigious order for Mechanical Electrical and Plumbing works from M/s Wistron Infocomm. We are witnessing steady growth in the inflow of orders for bundled services and continue to enjoy market leadership. Our value proposition is "Superior project delivery through intelligent engineering, modern execution practices, and committed teams," and with the Aatma Nirbhar Bharat related programmes gaining momentum, we expect the manufacturing sector to contribute significantly to our growth."

Place: Mumbai

Date: November 9, 2020.

For additional information, please contact: R S Priya, General Manager-Corporate Communications & Marketing Services, Blue Star Limited. Email: rspriya@bluestarindia.com Telephone: +91 44 43444009/ +91 98401 99941