Latest news with #BlueCloudSoftechSolutionsLtd
India.com
a day ago
- Business
- India.com
Stock of THIS company in focus as company shares detail about new deal
शेयर बाजार भी पाकिस्तान से कई गुना बड़ा IT stock Blue Cloud Softech Solutions Ltd will be in focus on Monday as the company shared some information related to the new purchase with the exchanges. On Friday, the company's shares closed at ₹ 31.51 per share. Blue Cloud Softech Solutions Limited said that it is going to buy a global tech company named AIS Anywhere. For this, the company will issue about 31.68 crore new shares. The price of each share has been kept at around Rs 23. Blue Cloud said that this deal will not be done in cash but will be completed by exchanging shares for shares. This means that the owners of AIS Anywhere will get new shares of Blue Cloud. AIS Anywhere: Let us tell you that AIS Anywhere is a well-known global tech company. This company works in sectors like Artificial Intelligence (AI), Data Analytics, Cyber Security and Internet of Things (IoT). In the last three years, this company has done a business of more than $ 220 million. Blue Cloud said that around 14 crore shares will be given to AIS Anywhere's promoter Mrs. Janaki Yarlagadda. Whereas Siraj Holdings LLC will get around 17 crore shares. The company says that this will definitely change the shareholding pattern but there will be no change in control or management. The company has placed this proposal in the Extra Ordinary General Meeting (EGM) to be held on 10 July 2025. This deal will be completed only after getting the approval of the shareholders in this meeting. The company said that following the approval of shareholders, it will acquire 100% stake in AIS Anywhere and will become the holding company of AIS Anywhere. Blue Cloud's Statement: Blue Cloud said that this deal will give the company new strength in the digital sector. The company will be able to strengthen its hold in emerging sectors like artificial intelligence, data analytics, cyber security and IoT. This will further improve Blue Cloud's services and customers will get new facilities. This stock has given a return of 45 percent in the last one month. At the same time, the stock has fallen by 32 percent in the last 6 months and 72 percent in a year. However, the stock has given a return of more than 400 percent in five years.
Mint
7 days ago
- Business
- Mint
IT stock below ₹50 jumps despite weak trends on Dalal Street
Stock Market Today: IT stock below ₹ 50 gained during the intraday trades on Monday, despite weak trends on Dalal Street. Check for special business update clarifications provided by Blue Cloud Softech Solutions Ltd Blue Cloud Softech Solutions is to hold an extra Ordinary General Meeting on the 27th day of June 2025 at 4 PM through OAVM/VC. In the context of the same, company submitted a Corrigendum to the Notice of the Extraordinary General Meeting. In its release on the Exchanges it said that the Notice dated 23RD MAY, 2025, for convening the Extra Ordinary General Meeting has been sent to the shareholders. Blue Cloud Softech Solutions giving certain clarifications said that certain Resolutions are to be considered to be part of the Notice of EGM served and to be numbered as mentioned herein below and item no. 6 and its explanation in explanatory statement of the original be considered and treated as 8. Under the special resolutions company said that Item No 6. is to approve borrowing limits of the company under section 180 (1)(C) Of the companies Act. Further Item No.7 is to approve creation of charge of movable and immovable properties of the company both present and the future, in respect of the borrowing under section 180(1)(A) of the companies Act, 2013. IT stock below ₹ 50- Blue Cloud Softech Solutions share price movement Blue Cloud Softech Solutions share price opened at ₹ 28.01 on the BSE on Monday. The Blue Cloud Softech Solutions share price at the time of opening was lower than the previous days closing price of ₹ 28.56. The Blue Cloud Softech Solutions share price thereafter gained and rose to intraday highs of ₹ 29.13 which meant about 2% gains during the intraday trades. Blue Cloud Softech Solutions share price continued trading at similar level since RS 29.13 was the upper price band of the Blue Cloud Softech Solutions share price. Thus Blue Cloud Softech Solutions share price was locked in the upper circuit and alco ended the day at same leve;. Meanwhile the BSE Sensex that was trading weak, dipped more than 1% during the intraday trades and closed with 0.6% losses.\
Mint
7 days ago
- Business
- Mint
IT stock below ₹50 jumps despite weak trends on Dalal Street
Stock Market Today: IT stock below ₹ 50 gained during the intraday trades on Monday, despite weak trends on Dalal Street. Check for special business update clarifications provided by Blue Cloud Softech Solutions Ltd Blue Cloud Softech Solutions is to hold an extra Ordinary General Meeting on the 27th day of June 2025 at 4 PM through OAVM/VC. In the context of the same, company submitted a Corrigendum to the Notice of the Extraordinary General Meeting. In its release on the Exchanges it said that the Notice dated 23RD MAY, 2025, for convening the Extra Ordinary General Meeting has been sent to the shareholders. Blue Cloud Softech Solutions giving certain clarifications said that certain Resolutions are to be considered to be part of the Notice of EGM served and to be numbered as mentioned herein below and item no. 6 and its explanation in explanatory statement of the original be considered and treated as 8. Under the special resolutions company said that Item No 6. is to approve borrowing limits of the company under section 180 (1)(C) Of the companies Act. Further Item No.7 is to approve creation of charge of movable and immovable properties of the company both present and the future, in respect of the borrowing under section 180(1)(A) of the companies Act, 2013. IT stock below ₹ 50- Blue Cloud Softech Solutions Special business clarifications
Mint
18-05-2025
- Business
- Mint
Small-cap IT stock below ₹20 sets board meeting date to declare fundraise
Small-cap IT stock: Blue Cloud Softech Solutions Ltd announced that the company's board of directors will meet on Friday, 23 May 2025, at 4 p.m. to discuss many aspects, including the approval of a fundraiser, according to the exchange filing. According to the filing data, the company will finalise an acquisition move outside India either through 'cash or swap of equity shares' or a combination of both. Along with the acquisition move, the company's board will also approve a fundraiser involving the issuance of foreign currency convertible bonds (FCCBs). The board may also discuss any other topic of business after the chairman's permission. 'Raising of funds by way of issuance of Foreign Currency Convertible Bonds (FCCBs) subject to regulatory and other approvals, as may be required,' said the company in the BSE filing. Blue Cloud Softech Solutions shares closed 1.98 per cent higher at ₹ 19.01 after Friday's market close, compared to ₹ 18.64 at the previous stock market session. The company announced the fundraising development after the market operating hours on 16 May 2025. Blue Cloud Softech shares have given stock market investors more than 233 per cent returns on their investments in the last five years. However, the shares have lost a little over 48 per cent in the last one-year period. On a year-to-date (YTD) basis, the stock has lost 61.23 per cent in 2025, but is trading 23.12 per cent higher in the last one-month period. The shares hit their 52-week high levels at ₹ 130.50 on July 29, 2024, while the 52-week low levels were at ₹ 14.95 on April 17, 2025, according to data collected from the BSE website. The shares are currently trading marginally above their year-low levels. The software products firm's market capitalisation (M-Cap) was at ₹ 829.37 crore as of the stock market close on Friday, 16 May 2025. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
