Blue Star Ltd — Capital/Financing Update 2023

Sep 22, 2023

==> picture [612 x 110] intentionally omitted <==

September 22, 2023
BSE LimitedCorporate Relations DepartmentPhiroze Jeejeebhoy TowersDalal StreetFort, Mumbai 400 001Maharashtra, India**Scrip Code:**500067	National Stock Exchange of India LimitedListing DepartmentExchange Plaza, Plot No. C/1, G Block,Bandra Kurla ComplexBandra (East), Mumbai 400051Maharashtra, India**Symbol:**BLUESTARCO

Dear Sir/Madam,

Sub.: Disclosure of the details of allotment in the Issue (as defined hereinafter) by Blue Star Limited (the “Company”) in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2015, as amended (the “SEBI Listing Regulations”)

Re.: Qualified institutions placement of equity shares of face value of ₹ 2 each (the “Equity Shares”) by the Company under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”), and Sections 42 and 62 of the Companies Act, 2013 (including the rules made thereunder), as amended (the “Issue”)

In continuation of our earlier letter dated September 22, 2023 on the captioned subject, we wish to inform you that, in respect of the Issue, the Executive Management Committee at its meeting held today, i.e., September 22, 2023, approved the allotment of 1,29,87,012 Equity Shares to 41 Qualified Institutional Buyers at the issue price of ₹ 770 per Equity Share, i.e. at a discount of ₹ 14.55 (1.85% of the Floor Price) per Equity Share, aggregating up to ₹ 1,000 crores (Rupees One Thousand Crores), pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased to ₹ 41,12,29,576 consisting of 20,56,14,788 Equity Shares.

Further, find attached herewith the list of allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure 1. The shareholding pattern of the Company, before and after the Issue, will be submitted along with the listing application in the format specified in Regulation 31 of the SEBI Listing Regulations.

==> picture [603 x 41] intentionally omitted <==

==> picture [612 x 110] intentionally omitted <==

The Issue opened on Monday, September 18, 2023, and closed on Friday, September 22, 2023, and the same was intimated to you through our letters dated Monday, September 18, 2023, and Friday, September 22, 2023, respectively.

The meeting of the Executive Management Committee commenced at 9:00 p.m. and concluded at 9:05 p.m.

The trading window which was closed pursuant to our letter dated Monday, September 18, 2023 shall open on Monday, September 25, 2023.

We request you to kindly take this on records, and the same be treated as compliance under the applicable regulations of the SEBI Listing Regulations.

The above information is also available on the website of the Company at www.bluestarindia.com.

Thanking you,

Yours faithfully, For Blue Star Limited

Digitally signed by RAJESH DIGAMBAR PARTE DN: c=IN, postalCode=400037, RAJESH st=MAHARASHTRA, l=MUMBAI, o=Personal, serialNumber=f61ea3be0521495570c9c7936 a63d125c2a0069839e393780a58fc3b339216 32, DIGAMBA pseudonym=146d1bcb488b49b2b9a8e13a042354d4, 2.5.4.20=34b7ed256fda6cfc6a2105278ca956 2b264314f4c73a57abf2a2f7ffe1e67c1b, email=RAJESH.PARTE13@GMAIL.COM, R PARTE cn=RAJESH DIGAMBAR PARTE Date: 2023.09.22 21:10:10 +05'30' Rajesh Parte Company Secretary & Compliance Officer Membership No.: A10700

Encl.: a/a

==> picture [603 x 41] intentionally omitted <==

==> picture [612 x 110] intentionally omitted <==

Annexure 1

Sr.No.	Name of the Allottees	No. ofEquitySharesAllotted	% oftotalIssuesize
1.	Norges Bank on account of the Government Pension FundGlobal	16,23,376	12.50
2.	SBI Large & Midcap Fund	15,79,376	12.16
3.	Fidelity Funds-India Focus Fund	12,32,724	9.49
4.	ABU DHABI Investment Authority-Way	9,09,090	7.00
5.	HDFC Trustee Company Limited-HDFC Tax Saver Fund	8,92,857	6.87

==> picture [603 x 41] intentionally omitted <==