Blueblood Ventures Limited held a Board Meeting on 09 October 2026 at its registered office, commencing at an unspecified time and concluding at 4:20 PM. The meeting addressed several agenda items pursuant to Regulation 30 of SEBI LODR Regulations, 2015.
1. Appointment of Internal Auditor
The Board approved the appointment of M/s. Mahesh Sharma & Associates, Chartered Accountants (Firm Registration No. 014330N), as the Internal Auditor of the Company for the financial years 2026-27 to 2030-31. The appointment is effective from 09 October 2026 at a professional fee of ₹25,000 per annum plus applicable taxes. The appointment is in accordance with Section 138 of the Companies Act, 2013.
Internal Auditor Profile: M/s. Mahesh Sharma & Associates is a professionally managed CA firm headed by Mahesh Sharma with over 30 years of experience. The firm provides services including audit, taxation, investment advisory, RBI-related matters, legal and secretarial services, business processing, project financing, accounting, and business advisory. The firm has experience across manufacturing, education, retail, real estate, exports, NGO/trust, and overseas clients.
Rationale for Appointment: To assist the Company in reviewing and strengthening its internal control systems, risk management processes, operational efficiency, and compliance with applicable laws and regulatory requirements.
2. Appointment of Mr. Chandrashekhar Singh as Additional Director
The Board approved the appointment of Mr. Chandrashekhar Singh (DIN: 05131693) as an Additional Director in the category of Non-Executive Independent Director with effect from 09 October 2026. He shall hold office up to the date of the ensuing Annual General Meeting, subject to Section 161(1) of the Companies Act, 2013. His appointment as an Independent Director for a term of five consecutive years shall be subject to shareholder approval.
Director Profile: Mr. Chandrashekhar Singh is a serial entrepreneur, AI business coach, and motivational speaker with experience in financial markets, technology, web technology, artificial intelligence, brand communication, and media. His qualifications include MCA, LL.B. from University of Delhi, and PGCEM from IIT Delhi. He has undertaken courses from Harvard University relating to management, entrepreneurship, and artificial intelligence.
Compliance Declarations:
- Mr. Singh has furnished a declaration confirming he meets the independence criteria under Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI LODR Regulations, 2015
- He is not debarred from holding director office by any SEBI order or other authority
- He holds no shares in the Company
- He is not related to any existing directors of the Company
- He has provided consent to act as director via Form DIR-2
3. Opening of Branch Office at Kolkata
The Board approved in principle the establishment of a branch office at 19, N.S. Road, 2nd Floor, Standard Chartered Bank Building, Kolkata - 700001, West Bengal.
Premises Details: The premises will be taken on rent from M/s. Dill Developers Private Limited at a monthly rental of ₹20,000 with effect from 01 October 2026. The owner is Mr. Suresh Bohra, making this a related party transaction where Mr. Bohra is a beneficiary.
Purpose: The branch office is intended to facilitate the Company's business operations, development, and coordination in Eastern India with Kolkata as its base.
Compliance: The Board directed that all applicable provisions of Companies Act, 2013 (Sections 177 and 188) and SEBI LODR Regulations, 2015 (Regulations 23 and 30) shall be duly complied with regarding this related-party transaction.
Authorization: The Company Secretary is authorized to execute all necessary documents for the branch office establishment.
4. Other Matters
The Board also approved the Debt Assignment Transaction of Mr. Anuranjan Jha, Radeep Kumar, and Amit Kumar Kushwaha and may enter into Share Purchase/Sale transaction of SJM Investments (Delhi) Private Limited. No further details were provided about these transactions.