Key Events and Timeline
- 2 September 2026: Company applied to the Registrar of Companies, Telangana at Hyderabad under the third proviso to Section 96(1) of the Companies Act, 2013, seeking extension for holding AGM
- 17 September 2026: ROC granted extension of time via formal order
- Original AGM Deadline: 30 September 2026 (as required by Section 96 of Companies Act, 2013)
- New AGM Deadline: 30 December 2026 (3-month extension granted)
Reason for Extension
The extension was sought due to an ongoing proposed acquisition of a US-based healthcare sector entity through a share-swap transaction. The due diligence, valuation, determination of share-swap ratio, and related corporate and regulatory processes are currently underway. This acquisition is proposed to be placed before members for approval at the AGM.
Regulatory Details
- ROC Application SRN: AC5777505
- ROC Order Date: 17 September 2026
- Legal Basis: Third proviso to Section 96(1) of the Companies Act, 2013
- ROC Office: Office of the Registrar of Companies, 2nd Floor Corporate Bhawan, GSI Post, Tattiannaram, Bandlaguda, Nagole, Hyderabad, Telangana, India, 500068
Company Commitment and Next Steps
The company shall hold its AGM within the extended period up to 30 December 2026. The date, time, and venue/mode of the AGM will be decided by the Board of Directors and intimated to the stock exchanges separately in accordance with applicable provisions of SEBI LODR Regulations and other applicable laws.
Additional Information
- The ROC advised the company to be careful in future compliance with provisions of the Companies Act, 2013
- A copy of the ROC order is enclosed with the disclosure
- This intimation is available on the company website at www.bluecloudsoftech.com