Blue Cloud Softech Solutions Limited announced the outcome of its Board Meeting held on 17 June 2026, which commenced at 4:00 PM and concluded at 4:30 PM. The disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board approved the allotment of 17,00,00,000 (Seventeen Crore) equity shares of face value ₹1 each on a preferential basis for consideration other than cash pursuant to a Share Swap arrangement. This approval follows the receipt of shareholder approval at the Extra Ordinary General Meeting held on 4 May 2026 and in-principle approval from BSE Limited vide letter LOD/PREF/KD/FIP/313/2026-27 dated 2 June 2026.

The share swap involves Blue Cloud Softech Solutions Limited purchasing 21,25,00,000 shares of Global Impx Inc. (GIX) and in consideration issuing 17,00,00,000 of its own shares to the shareholders of GIX.

Details of Allotment

  • ConnectM Technology Solutions INC. (Category: Public) allotted 16,00,00,000 shares
  • AstraBridge Inc (Category: Public) allotted 1,00,00,000 shares

Transaction Details

  • Issue price: ₹21.93 per equity share
  • Equity shares issued for consideration other than cash (share swap)
  • Shares will be locked in for a period of 6 months from the date of allotment

Corporate Structure Impact

As a result of this transaction:

  • Global Impx Inc. becomes a wholly-owned subsidiary of Blue Cloud Softech Solutions Limited
  • ConnectM Technology Solutions Private Limited (subsidiary of GIX) becomes a step-down subsidiary
  • The following step-down subsidiaries of GIX become step-down subsidiaries of Blue Cloud Softech Solutions Limited:
  • Geo Impex & Logistics Private Limited
  • Cambridge Energy Resources Private Limited
  • CER Microgrids Private Limited
  • CER Rooftop Private Limited

Shareholding Pattern Impact

Post-issue shareholding changes as follows:

  • Promoters: 28,97,64,364 shares (31.39% holding) - decreased from 38.48%
  • Public: 63,33,17,236 shares (68.61% holding) - increased from previous
  • Total shares: 92,30,81,600 shares (100.00%)

The financial impact of the transaction is structured as a non-cash consideration share swap.

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