Blue Star to Acquire Full Ownership of Qatar Subsidiary

Blue Star's Executive Management Committee approved acquiring the remaining 51% stake in its Qatar subsidiary, Blue Star Qatar W.L.L., from local partner Al Malki Trading & Contracting Co.
The acquisition, for a maximum consideration of ₹50 lakh, aims to simplify the shareholding structure following regulatory changes in Qatar permitting 100% foreign ownership.
Blue Star Qatar, engaged in MEP systems, reported a turnover of QAR 25 million in FY26 and will become a wholly-owned subsidiary post-acquisition.
The transaction is subject to regulatory approvals in India and Qatar and is expected to be completed within 8 months.