Latest news with #BlueCloudSoftechSolutions
Mint
5 days ago
- Business
- Mint
Small-cap stock below ₹50 jumps following relief rally in Indian stock market
Small-cap stock: Shares of Blue Cloud Softech Solutions surged by almost 2% during Monday's trading session, fueled by a relief rally in the Indian stock market. Additionally, the transformation of M/s AIS Anywhere into a wholly owned subsidiary of the company further enhanced the sentiment surrounding this small-cap stock. According to an exchange filing, the board has sanctioned a new relevant date of June 10, 2025, for the arrival of the valuation for SWAP/ISSUE, having passed a unanimous resolution to issue 31,68,00,000 equity shares on a preferential basis. This involves the company acquiring 6,40,00,000 shares of M/s AIS Anywhere in exchange for the issuance of 31,68,00,000 equity shares through a share swap to Mrs. Janaki Yarlagadda (in her capacity as Promoter) and M/s Siraj Holding LLC (acting as Non-Promoter/Public). According to the valuation report from Registered Valuer A.N Gawade and the pricing determined by the board of directors with the approval of the Committee of Independent Directors, 4.95 equity shares of Blue Cloud will be allocated for each individual share of M/s AIS Anywhere. The company noted that this resolution is contingent upon the approval from shareholders at an Extraordinary General Meeting, which must be passed through a Special Resolution. AIS Anywhere, based in New Jersey, is a global provider of technology solutions committed to helping organizations not only navigate but also thrive in the ever-changing and sometimes disruptive environment of the digital era. This acquisition is strategically significant and is expected to create growth opportunities aligned with horizontal business expansion and increased revenue. As a result, the company can enhance its presence in the US market. The share acquisition is anticipated to be finalised within 12 months following the execution of the agreements. The total acquisition cost amounts to ₹ 730,54,08,000, said the company in an exchange filing. Blue Cloud Softech Solutions share price today opened at ₹ 26.41 apiece on the BSE. Over the last week, the stock increased by 8.06%. It has surged by 13.40% over the last three months but has declined by -63.40% over the past year.
Mint
5 days ago
- Business
- Mint
Small-cap stock below ₹50 jumps following relief rally in Indian stock market
Small-cap stock: Shares of Blue Cloud Softech Solutions surged by almost 2% during Monday's trading session, fueled by a relief rally in the Indian stock market. Additionally, the transformation of M/s AIS Anywhere into a wholly owned subsidiary of the company further enhanced the sentiment surrounding this small-cap stock. According to an exchange filing, the board has sanctioned a new relevant date of June 10, 2025, for the arrival of the valuation for SWAP/ISSUE, having passed a unanimous resolution to issue 31,68,00,000 equity shares on a preferential basis. This involves the company acquiring 6,40,00,000 shares of M/s AIS Anywhere in exchange for the issuance of 31,68,00,000 equity shares through a share swap to Mrs. Janaki Yarlagadda (in her capacity as Promoter) and M/s Siraj Holding LLC (acting as Non-Promoter/Public). According to the valuation report from Registered Valuer A.N Gawade and the pricing determined by the board of directors with the approval of the Committee of Independent Directors, 4.95 equity shares of Blue Cloud will be allocated for each individual share of M/s AIS Anywhere. The company noted that this resolution is contingent upon the approval from shareholders at an Extraordinary General Meeting, which must be passed through a Special Resolution. AIS Anywhere, based in New Jersey, is a global provider of technology solutions committed to helping organizations not only navigate but also thrive in the ever-changing and sometimes disruptive environment of the digital era. This acquisition is strategically significant and is expected to create growth opportunities aligned with horizontal business expansion and increased revenue. As a result, the company can enhance its presence in the US market. The share acquisition is anticipated to be finalised within 12 months following the execution of the agreements. The total acquisition cost amounts to ₹ 730,54,08,000, said the company in an exchange filing. Blue Cloud Softech Solutions share price today opened at ₹ 26.41 apiece on the BSE. Over the last week, the stock increased by 8.06%. It has surged by 13.40% over the last three months but has declined by -63.40% over the past year. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Business Standard
29-05-2025
- Business
- Business Standard
Blue Cloud Softech Solutions consolidated net profit rises 51.98% in the March 2025 quarter
Sales decline 13.83% to Rs 183.62 crore Net profit of Blue Cloud Softech Solutions rose 51.98% to Rs 13.04 crore in the quarter ended March 2025 as against Rs 8.58 crore during the previous quarter ended March 2024. Sales declined 13.83% to Rs 183.62 crore in the quarter ended March 2025 as against Rs 213.09 crore during the previous quarter ended March 2024. For the full year,net profit rose 175.31% to Rs 44.27 crore in the year ended March 2025 as against Rs 16.08 crore during the previous year ended March 2024. Sales rose 58.68% to Rs 796.86 crore in the year ended March 2025 as against Rs 502.19 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 183.62213.09 -14 796.86502.19 59 OPM % 9.346.42 - 8.815.30 - PBDT 16.8211.22 50 63.5121.83 191 PBT 15.7111.15 41 59.1321.76 172 NP 13.048.58 52 44.2716.08 175
Mint
25-05-2025
- Business
- Mint
Small-cap stock under ₹50 in focus after fundraise move via foreign currency bonds
Small-cap stock Blue Cloud Softech Solutions will be on focus on Monday's session following a fundraise move through foreign currency bonds by the board. Blue Cloud Softech Solutions Limited board of directors has green-lit several important strategic initiatives, which are now subject to approval by shareholders at an upcoming extraordinary general meeting. The board has approved a strategy to raise as much as USD 50 million through the issuance of Foreign Currency Convertible Bonds, pending both regulatory and shareholder clearance. One key resolution entails raising the company's Authorised Share Capital from ₹ 63,00,00,000 to ₹ 80,00,00,000, structured into 80,00,00,000 equity shares at Re 1 each. This increase in capital is intended to support the company's growth ambitions. In addition, the board has also given the go-ahead for an investment limit of up to ₹ 1,300 crore for investments in both domestic and international entities. This limit, surpassing the requirements outlined in Section 186 of the Companies Act, 2013, was unanimously approved to enable significant future investments. Moreover, the board has unanimously agreed to a Preferential Allotment of 32,00,00,000 equity shares in a share swap arrangement to acquire AIS Anywhere. This tactical acquisition, worth ₹ 752.32 crore, will result in Blue Cloud Softech Solutions distributing 5 shares for every share of AIS Anywhere, effectively converting AIS Anywhere into a fully-owned subsidiary. The takeover of AIS Anywhere, a worldwide technology solutions company located in New Jersey specializing in AI, data analytics, cybersecurity, IoT, and enterprise solutions, is anticipated to significantly strengthen Blue Cloud's foothold in the US market. Blue Cloud Softech Solutions, based in Hyderabad, Telangana, is a leading provider of AIoT-based solutions focused on AI-enhanced healthcare and technology products. With a strong dedication to innovation, BCSSL enables both businesses and communities by offering state-of-the-art, homegrown technology solutions that facilitate significant transformation. Since April 6, 2016, Blue Cloud Softech Solutions has executed a split of its face value two times. The most recent split occurred in 2025, reducing the face value of its shares from ₹ 2 to Re 1. According to the share started trading on an ex-split basis from January 20, 2025. On Friday, Blue Cloud Softech Solutions share price ended 2% higher at ₹ 20.09 apiece on the BSE.
Mint
25-05-2025
- Business
- Mint
Small-cap stock under ₹50 in focus after fundraise move via foreign currency bonds
Small-cap stock Blue Cloud Softech Solutions will be on focus on Monday's session following a fundraise move through foreign currency bonds by the board. Blue Cloud Softech Solutions Limited board of directors has green-lit several important strategic initiatives, which are now subject to approval by shareholders at an upcoming extraordinary general meeting. The board has approved a strategy to raise as much as USD 50 million through the issuance of Foreign Currency Convertible Bonds, pending both regulatory and shareholder clearance. One key resolution entails raising the company's Authorised Share Capital from ₹ 63,00,00,000 to ₹ 80,00,00,000, structured into 80,00,00,000 equity shares at Re 1 each. This increase in capital is intended to support the company's growth ambitions. In addition, the board has also given the go-ahead for an investment limit of up to ₹ 1,300 crore for investments in both domestic and international entities. This limit, surpassing the requirements outlined in Section 186 of the Companies Act, 2013, was unanimously approved to enable significant future investments. Moreover, the board has unanimously agreed to a Preferential Allotment of 32,00,00,000 equity shares in a share swap arrangement to acquire AIS Anywhere. This tactical acquisition, worth ₹ 752.32 crore, will result in Blue Cloud Softech Solutions distributing 5 shares for every share of AIS Anywhere, effectively converting AIS Anywhere into a fully-owned subsidiary. The takeover of AIS Anywhere, a worldwide technology solutions company located in New Jersey specializing in AI, data analytics, cybersecurity, IoT, and enterprise solutions, is anticipated to significantly strengthen Blue Cloud's foothold in the US market. Blue Cloud Softech Solutions, based in Hyderabad, Telangana, is a leading provider of AIoT-based solutions focused on AI-enhanced healthcare and technology products. With a strong dedication to innovation, BCSSL enables both businesses and communities by offering state-of-the-art, homegrown technology solutions that facilitate significant transformation. Since April 6, 2016, Blue Cloud Softech Solutions has executed a split of its face value two times. The most recent split occurred in 2025, reducing the face value of its shares from ₹ 2 to Re 1. According to the share started trading on an ex-split basis from January 20, 2025. On Friday, Blue Cloud Softech Solutions share price ended 2% higher at ₹ 20.09 apiece on the BSE. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
