Nature of the Disclosure

Blue Star Limited has filed a regulatory disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding changes in its senior management personnel.

Key Appointments and Effective Dates

The Board of Directors, at its meeting held on October 29, 2026, approved the appointment of two individuals as Senior Management Personnel effective November 1, 2026:

  • Mr Nithianand S, Group President, Supply Chain & Procurement
  • Mr Senthil Thangam, President, Air Conditioning & Refrigeration Solutions Group

The appointments were made based on recommendations from the Nomination and Remuneration Committee and in accordance with Regulation 16(1)(d) of the Listing Regulations.

Professional Background of Appointees

Mr Nithianand S:

  • Joined Blue Star in March 2021
  • Over two decades of experience in procurement and supply chain
  • Previously worked at Samsung Electronics and Whirlpool (India)
  • Previously held position as Vice President, Procurement & Supply Chain for Room Air Conditioners Business
  • Played important role in growth of Company's Room AC business and profitability improvement through procurement savings
  • Achieved savings through consolidation, introduction of alternate vendors, implementation of cost sheets and e-procurement

Mr Senthil Thangam:

  • Joined Blue Star in 1995 as Graduate Engineer Trainee
  • Over 30 years of experience across sales, marketing and product management
  • Worked in the erstwhile Packaged Air Conditioning Division in Bengaluru
  • Specialized in Commercial Air Conditioning products
  • Closely associated with launch of multiple products including inverter VRF, inverter ducted machines, configured screw chillers, side discharge VRF and centrifugal chillers

Regulatory Compliance Details

The disclosure is made pursuant to:

  • Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations
  • SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended)

Meeting Details

The Board meeting commenced at 10:00 a.m. and concluded at 03:40 p.m. on October 29, 2026.

Additional Information

  • Term of appointment: Not applicable for both appointments
  • No disclosure of relationships between directors required (not applicable)
  • The information has been placed on the company website at www.bluestarindia.com
  • The disclosure was signed by Rajesh Digambar Parte, Company Secretary & Compliance Officer

Financial Impact

No financial impact quantified in the disclosure. The appointments represent organizational changes within senior management structure.

#Tags: #BlueStar #ManagementChange #SEBIRegulation30 #CorporateGovernance #Neutral