BLUESTINFO

Blue Star Infotech Limited has informed the Exchange that the Company has received the order sanctioned by the Honourable High Court of Judicature at Bombay dated April 16, 2016, sanctioning the Composite Scheme of Amalgamation of the Company and its wholly owned Indian subsidiary Blue Star Infotech Business Intelligence and Analytics Private Limited with Blue Star Limited and their respective shareholders and creditors. Upon the effective implementation of the scheme, Blue Star Limited will issue and allot to the shareholders of the Company, as on the record date to be fixed by Blue Star Limi

Blue Star Infotech Limited has informed the Exchange ''We have been informed by Blue Star Limited that the Board of Directors of Blue Star Limited have approved at their meeting held on March 11, 2016 the provision of dividend at Rs. 6.50 per share for 53,91,383 equity shares proposed to be issued to the shareholders of Blue Star Infotech Limited post completion of Amalgamation as per swap ratio pursuant to the Composite Scheme of Amalgamation between Blue Star Infotech Limited and Blue Star Infotech Business Intelligence and Analytics Private Limited with Blue Star Limited. The Composite Sch

Blue Star Infotech Limited has informed the Exchange that pursuant to the sale of the Information Technology Business of the Company to Infogain India Pvt. Ltd. and sale of investments in the overseas subsidiaries of the Company to Infogain Corporation, Mr. Nishith Mathur, Chief Operating Officer of the Company has relinquished office as he has joined Infogain Corporation, USA effective January 01, 2016.

Blue Star Infotech Limited has informed the Exchange that the Company has successfully completed the sale of its Information Technology Business to Infogain India Pvt Ltd. (Infogain) on January 29, 2016.

Blue Star Infotech Limited has informed the Exchange that the Business Transfer Agreement (BTA) dated September 29, 2015, with Infogain India Private Limited for sale of the Information Technology business of the Company intimated to exchange on September 29, 2015.The Company expects that the Closing Date pursuant to the BTA, to be December 31, 2015. Effective January 1, 2016, the IT business of the Company is expected to be conducted by Infogain India Private Limited.

Blue Star Infotech Limited has informed the Exchange that further to receipt of the NOC from Exchanges vide their Observation Letters dated December 9, 2015 for the Composite Scheme of Amalgamation of Blue Star lnfotech Limited and Blue Star lnfotech Business Intelligence and Analytics Private Limited with Blue Star Limited, Company have filed the said Scheme with the Hon'ble Bombay High Court for seeking its directions interalia to hold meeting of the shareholders for their approval.

Blue Star Infotech Limited has informed the Exchange regarding Filing of Calendar of events for the Postal Ballot.

Blue Star Infotech Limited has informed the Exchange that with respect to the decisions taken at the meeting of the the Board of Directors held on May 14, 2015, three (3) directors participated in the proceedings of the meeting through video / audio conference facility between India and the United States of America.

Blue Star Infotech Limited has informed the Exchange, vide letter dated December 12, 2014 regarding the Sale of shares by Key Managerial Personnel.

Blue Star Infotech Limited has informed the Exchange, vide letter dated December 3, 2014 regarding the Sale of shares by Key Managerial Personnel.

Blue Star Infotech Limited has informed the Exchange that "Blue Star Infotech (Singapore) Pte. Ltd, our wholly owned subsidiary based in Singapore has acquired lnfostack Solutions Pte Ltd in Singapore today, i.e 22nd June 2012.lnfostack Solutions Pte Ltd is a Consulting & IT services firm specializing in providing value chain management solutions and offers expertise in the areas of Banking, Finance Services and Insurance, Web Development, ERP,Client Server Technologies and Infrastructure. Their domain experience lies in SAP, Internet Technologies, Java & Oracle E-Business.The acquisition is e

Blue Star Infotech Limited has informed the Exchange that the Company has set up an overseas wholly owned subsidiary in Singapore titled Blue Star Infotech (Singapore) Pte. Ltd. to cater to the needs of existing global customers in the Asia Pacific region.

Blue Star Infotech Limited has informed the Exchange that Company's wholly owned US subsidiary Company i.e. Blue Star Infotech America Inc. (BSIA) has entered into a letter of intent with Trisept Technology LLC based in Milwaukee, State of Wisconsin, USA to start a joint venture with expertise in the travel services domain. BSIA shall be the major stakeholder in the proposed joint venture. Based in Milwaukee, Trisept Technology LLC (a group company of Mark Travels Inc.) delivers technology empowering solutions to the leisure travel industry. The company offers services including dynamic packag