Bluspring Enterprises logo

Bluspring Enterprises CEO, MD, chairman, board of directors and AGM

NSE: BLUSPRINGBSE: 544414Commercial Services & SuppliesSmall Cap

Last close ₹146.58down ₹7.62 (4.94%)BSE ₹146.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹154.20.

52-week range of traded prices to 23 Oct 2026
₹43.98Low, 23 Mar 2026₹181.90High, 15 Oct 2026
Market cap
₹2,191 Cr1,482nd largest listed
P/E
Owners' profit not stated
P/B
3.3
Dividend yield
Nonein the last 12 months
ROCE
4.7%
Debt to equity
0.11
Volume, NSE
5,66,56948.4% delivered

Bluspring Enterprises board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonAJIT ABRAHAM ISAACRelated to the promoter
  • Chief executiveKAMAL PAL HODA
  • Company Secretary and Compliance OfficerArjun Sunil Makhecha

8 directors4 independent1 executive3 non-executive

  • AJIT ABRAHAM ISAAC · ChairpersonNon-executive · joined Mar 2025 · 4 listed boards · 2 committee seats, 1 as chair
  • ANISH THURTHINon-executive · joined Mar 2025 · 3 listed boards · 6 committee seats
  • KAMAL PAL HODA · Chief executiveExecutive · joined Feb 2024 · 1 listed board
  • GOPALAKRISHNAN SOUNDARAJANNon-executive · joined Apr 2025 · 6 listed boards · 3 committee seats
  • SANJAY ANANDARAMIndependent · joined Mar 2025 · 15 months as independent · 2 listed boards · 2 as independent · 5 committee seats
  • NARAYANAN SURESH KRISHNANIndependent · joined Mar 2025 · 15 months as independent · 3 listed boards · 1 as independent · 2 committee seats
  • SRIVATHSALA KANCHI NANDAGOPALIndependent · joined Mar 2025 · 15 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
  • DINKAR GUPTAIndependent · joined Apr 2025 · 14 months as independent · 3 listed boards · 3 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 19 May 20268 of 8 present4 independent · 104 days in between
    • 3 Feb 20267 of 8 present3 independent

  • Audit Committee

    Chair SRIVATHSALA KANCHI NANDAGOPAL

    ANISH THURTHI, SANJAY ANANDARAM, NARAYANAN SURESH KRISHNAN

    • 19 May 20264 of 4 present3 independent · 104 days in between
    • 3 Feb 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair SANJAY ANANDARAM

    NARAYANAN SURESH KRISHNAN, AJIT ABRAHAM ISAAC

    • 19 May 20263 of 3 present2 independent · 104 days in between
    • 3 Feb 20262 of 3 present1 independent

  • Stakeholders Relationship Committee

    Chair SRIVATHSALA KANCHI NANDAGOPAL

    SANJAY ANANDARAM, ANISH THURTHI

    No meeting listed in the filing.

  • Risk Management Committee

    Chair NARAYANAN SURESH KRISHNAN

    DINKAR GUPTA, ANISH THURTHI, KAMAL PAL HODA, PRAPUL SRIDHAR

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair DINKAR GUPTA

    ANISH THURTHI, KAMAL PAL HODA, NARAYANAN SURESH KRISHNAN

    • 19 May 20264 of 4 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Deloitte Haskins & SellsPeer-review certificate valid to Apr 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Bluspring Enterprises AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bluspring Enterprises share news and announcements

Annual general meeting, 31 Aug 2026

82,555 shareholders on the register on 24 Aug 2026; present: 4 promoters and 104 others; votes counted by B HEMANTH / Hemanth,Holla & Co..The company's voting result (opens in a new tab)

  1. To receive, consider, and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.27% · promoters 100.00% · institutions 63.63% · other public 29.82%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements along with the Auditor`s Report of the Company for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.27% · promoters 100.00% · institutions 63.63% · other public 29.82%

  3. To appoint Mr. Anish Thurthi (DIN:08713000) as a Director, liable to retire by rotation and being eligible,offers himself for re-appointment.
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 6.08% · other public 0.00%

    Turnout: all 75.28% · promoters 100.00% · institutions 63.76% · other public 29.82%

  4. To consider and approve the borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013.
    Special
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 3.01% · other public 0.00%

    Turnout: all 75.28% · promoters 100.00% · institutions 63.76% · other public 29.82%

  5. To approve creation of charges, securities on the properties/ assets of the Company, under Section 180(1) (a) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 75.28% · promoters 100.00% · institutions 63.76% · other public 29.82%

  6. To approve increase in limits for making investments / extending loans and giving guarantees or providing securities in connection with loans to persons / bodies corporate under Section 186 of the Companies Act, 2013.MoreLess
    Special
    98.06% for1.94% against

    Against: promoters 0.00% · institutions 16.43% · other public 0.00%

    Turnout: all 75.28% · promoters 100.00% · institutions 63.76% · other public 29.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Apr 2026, 5 resolutions

89,729 shareholders on the register on 20 Mar 2026; votes counted by B HEMANTH / Hemanth,Holla & Co..The company's voting result (opens in a new tab)

  1. To consider and approve the ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Special
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 3.32% · other public 0.19%

    Turnout: all 74.08% · promoters 100.00% · institutions 62.95% · other public 24.73%

  2. To approve the grant of employee stock options to the eligible employees of the subsidiary company(ies) of the Company under ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026'.
    Special
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 3.32% · other public 0.19%

    Turnout: all 74.08% · promoters 100.00% · institutions 62.95% · other public 24.73%

  3. To consider and approve secondary acquisition of shares through Trust route for the implementation of ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Special
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 3.32% · other public 0.18%

    Turnout: all 74.08% · promoters 100.00% · institutions 62.95% · other public 24.73%

  4. To consider and approve provision of money by the Company for purchase of its own Shares by the Trust under the ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Special
    99.57% for0.43% against

    Against: promoters 0.00% · institutions 3.32% · other public 0.18%

    Turnout: all 74.08% · promoters 100.00% · institutions 62.95% · other public 24.73%

  5. Approval of grant of employee stock options under ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’ equal or more than 1% of Issued Capital to the identified employees.
    Special
    98.64% for1.36% against

    Against: promoters 0.00% · institutions 10.84% · other public 0.18%

    Turnout: all 74.08% · promoters 100.00% · institutions 62.95% · other public 24.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2025, 6 resolutions

1,10,305 shareholders on the register on 23 Sep 2025; present: 4 promoters and 122 others; votes counted by PRADEEP B KULKARNI / V SREEDHARAN AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider, and adopt the Audited Standalone Financial Statements of the Company for the period ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 67.55% · promoters 100.00% · institutions 61.50% · other public 0.48%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the period ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 67.55% · promoters 100.00% · institutions 61.50% · other public 0.48%

  3. To appoint Mr. Ajit Isaac (DIN: 00087168) as a Director, liable to retire by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.43% · other public 0.10%

    Turnout: all 67.58% · promoters 100.00% · institutions 61.64% · other public 0.48%

  4. To appoint M/s. Deloitte Haskins & Sells, Chartered Accountants, (Firm Registration No. 008072S) as Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 67.58% · promoters 100.00% · institutions 61.64% · other public 0.48%

  5. To appoint M/s. V. Sreedharan & Associates, Company Secretaries (Firm Registration No. P1985KR14800) as Secretarial Auditor of the Company.
    Ordinary
    98.98% for1.02% against

    Against: promoters 0.00% · institutions 7.49% · other public 0.06%

    Turnout: all 67.55% · promoters 100.00% · institutions 61.45% · other public 0.48%

  6. To approve payment of commission to Independent Directors of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 67.58% · promoters 100.00% · institutions 61.64% · other public 0.48%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 18 Jul 2025, 2 resolutions

1,14,899 shareholders on the register on 11 Jul 2025; present: 3 promoters and 70 others; votes counted by PRADEEP B KULKARNI / V SREEDHARAN AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. To appoint Mr. Dinkar Gupta DIN 07674724 as an Independent Director of the Company for a period of five years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 66.10% · promoters 100.00% · institutions 45.76% · other public 1.25%

  2. To appoint Mr. Gopalakrishnan Soundarajan DIN 05242795 as a Non-Executive Director liable to retire by rotation
    Ordinary
    98.08% for1.92% against

    Against: promoters 0.00% · institutions 16.86% · other public 0.00%

    Turnout: all 66.10% · promoters 100.00% · institutions 45.76% · other public 1.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 31 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider, and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    1 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements along with the Auditor`s Report of the Company for the Financial Year ended March 31, 2026.
    1 for0 against
  • To appoint Mr. Anish Thurthi (DIN:08713000) as a Director, liable to retire by rotation and being eligible,offers himself for re-appointment.
    1 for0 against
  • To approve creation of charges, securities on the properties/ assets of the Company, under Section 180(1) (a) of the Companies Act, 2013.
    1 for0 against
  • To approve increase in limits for making investments / extending loans and giving guarantees or providing securities in connection with loans to persons / bodies corporate under Section 186 of the Companies Act, 2013.MoreLess
    1 for0 against
1 proposal not matched to one resolution
  • To borrow, together with the money already borrowed, be increased from an amount not exceeding Rs. 800 Crores over and above the aggregate, of the paid-up share capital and free reserves and securities premium of the Company to an amount not exceeding Rs. 1,300 Crores over and above the aggregate, of the paid-up share capital and free reserves and securities premium of the Company outstanding at any point of time, apart from temporary loans obtained from the Company’s bankers in the ordinary course of business.MoreLess
    1 for0 against

Mutual fund votes, meeting of 23 Apr 2026, 3 fund houses

  • To consider and approve the ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs have been granted at a deep discount to market price. We do not support the resolution.
    2 for1 against
  • To approve the grant of employee stock options to the eligible employees of the subsidiary company(ies) of the Company under ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026'.
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs have been granted at a deep discount to market price. We do not support the resolution.
    2 for1 against
  • To consider and approve secondary acquisition of shares through Trust route for the implementation of ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs have been granted at a deep discount to market price. We do not support the resolution.
    2 for1 against
  • To consider and approve provision of money by the Company for purchase of its own Shares by the Trust under the ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’.
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs have been granted at a deep discount to market price. We do not support the resolution.
    2 for1 against
  • Approval of grant of employee stock options under ‘Bluspring Enterprises Limited – Employee Stock Option Scheme 2026’ equal or more than 1% of Issued Capital to the identified employees.
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs have been granted at a deep discount to market price. We do not support the resolution.
    2 for1 against
2 earlier meetings

Mutual fund votes, meeting of 30 Sep 2025, 3 fund houses

  • To receive, consider, and adopt the Audited Standalone Financial Statements of the Company for the period ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    3 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements along with the Auditor’s Report of the Company for the period ended March 31, 2025.
    3 for0 against
  • To appoint Mr. Ajit Isaac (DIN: 00087168) as a Director, liable to retire by rotation and being eligible, offers himself for re-appointment.
    3 for0 against
  • To appoint M/s. Deloitte Haskins & Sells, Chartered Accountants, (Firm Registration No. 008072S) as Statutory Auditors of the Company.
    3 for0 against
  • To appoint M/s. V. Sreedharan & Associates, Company Secretaries (Firm Registration No. P1985KR14800) as Secretarial Auditor of the Company.
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law. No concern on the merits of the proposed Auditors. Transparency concern: Remuneration of outgoing auditor not disclosed, thus, material change, if any, with proposed audit fee cannot be ascertained.
    2 for1 against
  • To approve payment of commission to Independent Directors of the Company.
    3 for0 against

Mutual fund votes, meeting of 18 Jul 2025, 3 fund houses

  • To appoint Mr. Dinkar Gupta DIN 07674724 as an Independent Director of the Company for a period of five years
    3 for0 against
  • To appoint Mr. Gopalakrishnan Soundarajan DIN 05242795 as a Non-Executive Director liable to retire by rotation
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtSTEAG Energy Services (India) Private LimitedSince 21 May 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.