Bluspring: Subsidiaries Bluspring New Horizon Two & LSG Sky Chefs India to merge

Bluspring Enterprises Ltd announced the proposed amalgamation of its wholly-owned subsidiary, Bluspring New Horizon Two Private Limited, with its wholly-owned step-down subsidiary, LSG Sky Chefs India Private Limited. The boards of both unlisted subsidiaries approved the scheme on September 29, 2026. LSG Sky Chefs India, engaged in airline catering, reported a turnover of ₹189.08 Crores for FY26. The amalgamation aims to simplify the group's holding structure, streamline decision-making, reduce regulatory compliances, and achieve cost savings through operational synergies. It also seeks to pool financial resources more efficiently, enhance shareholder value, and strengthen the combined entity for future growth. The transaction is subject to regulatory approvals.