Stock of THIS company in focus as company shares detail about new deal | Check Details Here
GH News June 29, 2025 06:06 PM

IT stock Blue Cloud Softech Solutions Ltd will be in focus on Monday as the company shared some information related to the new purchase with the exchanges. On Friday the companys shares closed at ₹ 31.51 per share.
Blue Cloud Softech Solutions Limited said that it is going to buy a global tech company named AIS Anywhere. For this the company will issue about 31.68 crore new shares. The price of each share has been kept at around Rs 23.
Blue Cloud said that this deal will not be done in cash but will be completed by exchanging shares for shares. This means that the owners of AIS Anywhere will get new shares of Blue Cloud.
AIS Anywhere:
Let us tell you that AIS Anywhere is a well-known global tech company. This company works in sectors like Artificial Intelligence (AI) Data Analytics Cyber Security and Internet of Things (IoT). In the last three years this company has done a business of more than $ 220 million.
Blue Cloud said that around 14 crore shares will be given to AIS Anywheres promoter Mrs. Janaki Yarlagadda. Whereas Siraj Holdings LLC will get around 17 crore shares.
The company says that this will definitely change the shareholding pattern but there will be no change in control or management.
The company has placed this proposal in the Extra Ordinary General Meeting (EGM) to be held on 10 July 2025. This deal will be completed only after getting the approval of the shareholders in this meeting.
The company said that following the approval of shareholders it will acquire 100% stake in AIS Anywhere and will become the holding company of AIS Anywhere.
Blue Clouds Statement:
Blue Cloud said that this deal will give the company new strength in the digital sector. The company will be able to strengthen its hold in emerging sectors like artificial intelligence data analytics cyber security and IoT. This will further improve Blue Clouds services and customers will get new facilities.
This stock has given a return of 45 percent in the last one month. At the same time the stock has fallen by 32 percent in the last 6 months and 72 percent in a year. However the stock has given a return of more than 400 percent in five years.