
Board Meeting9 Oct 2026, 04:49 pm
Blueblood Ventures Appoints Internal Auditor, Additional Director
AI Summary
Blueblood Ventures Limited announced key decisions from its Board of Directors meeting held on October 9, 2026. The board approved the appointment of M/s. Mahesh Sharma & Associates as Internal Auditor for FY2026-27 to FY2030-31 at a fee of ₹325,000 per annum. Mr. Chandrashekhar Singh was appointed as an Additional Director (Non-Executive Independent) effective the same date. The company also approved, in principle, the opening of a branch office in Kolkata at a monthly rent of ₹20,000, noting it as a related party transaction. Additionally, the board approved a Debt Assignment Transaction and may enter into a Share Purchase/Sale transaction of S|M Investments (Delhi) Private Limited.
Key Highlights
- Internal Auditor appointed for five financial years.
- New Additional Director (Non-Executive Independent) appointed.
- Branch office to be opened in Kolkata.
- Debt Assignment Transaction and potential share sale approved.
Price Impact
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