Blue Cloud Softech Solutions Share Price Hits 14th Straight Upper Circuit Amid Market Weakness

Blue Cloud Softech Solutions Share Price Hits 14th Straight Upper Circuit Amid Market Weakness

Market Performance

Blue Cloud Softech Solutions' share price continued its upward streak on Monday despite the broader sell-off in Indian equities.

  • The stock hit the 2% upper circuit at ₹32.14 on the BSE.
  • This marks the 14th consecutive session of hitting the upper circuit.
  • In the last 32 trading sessions, the company's shares were locked in the upper circuit 29 times.

At 11:05 AM, Blue Cloud Softech stock was still locked at ₹32.14.

Main News

The current surge in share price follows the announcement of the company's Extraordinary General Meeting (EGM), scheduled for Thursday, 10 July 2025, to finalize a special resolution.

The agenda: approval of a significant acquisition deal involving a global technology firm, AIS Anywhere.

Company Details

Blue Cloud Softech Solutions is gearing up for a strategic acquisition of AIS Anywhere, valued at ₹730 Crore. Notably, this deal will be completed entirely through a share swap, with no cash component involved.

Key details of the acquisition:

  • Total Shares Issued: 31.68 Crore new equity shares
  • Share Price for Swap: ₹23 per share
  • Total Stake Acquired: 100% in AIS Anywhere

Distribution of Shares:

  • Janaki Yarlagadda (Promoter): 14 Crore shares
  • Siraj Holdings LLC: 17 Crore shares
  • Other Minor Stakeholders: Remaining shares

Upon completion and shareholder approval, Blue Cloud will officially become the holding company of AIS Anywhere.

There will be no change in management or operational control; however, the deal will result in a significant shift in the company's shareholding pattern.

Revenue Details

  • AIS Anywhere has generated over $220 million in revenue over the last three years, demonstrating its robust global presence and operational strength.

Summary of the Article

Blue Cloud Softech Solutions' share price remains on a bullish trajectory, having been locked at the upper circuit for the 14th consecutive session.

The rally is being supported by market enthusiasm around its proposed ₹730 Crore acquisition of AIS Anywhere through a share swap arrangement.

The upcoming EGM on 10 July 2025 is a key date when shareholders will vote on this transformational deal.

With over 435% gains in five years, Blue Cloud continues to attract attention despite recent YTD and 1-year declines.

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