Blue Star to Acquire Remaining 51% Stake in Blue Star Qatar

Blue Star Ltd plans to acquire the remaining 51% shareholding in its subsidiary, Blue Star Qatar W.L.L. (BSQ), from Al Malki Trading & Contracting Co. (ATC) for a consideration not exceeding ₹50 lakh. The acquisition aims to simplify the shareholding structure, with no change in control, as Blue Star already holds 95% economic interest and management control in BSQ. The transaction is subject to fair market valuation, regulatory approvals in Qatar and India, and customary closing conditions. Following the acquisition, BSQ will become a wholly-owned subsidiary of Blue Star.