StockWatch
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Other Financial Services
Board Meeting9 Oct 2026, 04:59 pm

Blueblood Ventures Appoints Internal Auditor, Additional Director

AI Summary

Blueblood Ventures Limited's Board of Directors convened on October 9, 2026, approving key appointments and strategic initiatives. M/s. Mahesh Sharma & Associates have been appointed as the Internal Auditor for a five-year term from FY2026-27 to FY2030-31, with a professional fee of ₹325,000 per annum plus applicable taxes. Mr. Chandrashekhar Singh was appointed as an Additional Director in the Non-Executive Independent category. The Board also approved, in principle, the establishment of a branch office in Kolkata at a monthly rent of ₹20,000, noting it as a related-party transaction. Additionally, the company will consider a Debt Assignment Transaction and a potential Share Purchase/Sale of SJM Investments (Delhi) Private Limited.

Key Highlights

  • Internal Auditor appointed for five years.
  • Additional Director (Non-Executive Independent) appointed.
  • Branch office in Kolkata approved in principle.
  • Debt Assignment and Share Purchase/Sale transactions to be considered.