New Delhi [India], June 24: Blue Cloud Softech Solutions Ltd has received a fresh vote of confidence from AstraBridge Inc., which has acquired a 1.08% equity stake in the company through a preferential allotment.
According to a disclosure submitted under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, AstraBridge acquired 1 crore equity shares of Blue Cloud Softech, representing 1.08% of the company’s post-issue paid-up equity share capital.
The acquisition was completed on June 17, 2026, through a preferential allotment. Prior to the transaction, AstraBridge did not hold any stake in Blue Cloud Softech. Following the allotment, the company now owns 1,00,00,000 equity shares, equivalent to a 1.08% stake.
The filing stated that the equity shares were issued pursuant to a share swap arrangement undertaken for Blue Cloud Softech’s acquisition of 100% shareholding in Global Impx Inc.
Blue Cloud Softech’s equity share capital increased from 75,30,81,600 shares before the transaction to 92,30,81,600 shares after the allotment. The company’s total diluted voting capital also stands at 92,30,81,600 shares following the issuance.
AstraBridge clarified in its disclosure that it does not belong to the promoter or promoter group of Blue Cloud Softech. The acquisition was made via a fresh issue of equity shares rather than through an open market purchase.
The disclosure was filed with BSE on June 23, 2026, in compliance with Regulation 29(1) of the SEBI Takeover Regulations.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.