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Blue Star Ltd
Blue Star Ltd Company History
Blue Star is a public listed company and India’s leading air conditioning, commercial refrigeration, and MEP (Mechanical, Electrical, Plumbing, and Firefighting) contracting company.
2002
Shareholders approve for the special resolution to buyback equity shares of the face value of Rs.10 each from open market through electronic trading mechanism of the exchange.
BOD delcares an interim dividend @ Rs 5.50 per equity share of Rs.10 each.
Mr Uday S Kotak resigns from the Board of Directors of the company.
Launches a revolutionary Central and packaged airconditioning system to offer quantum leap in energy efficiency.
2002
2003
Appoints Mr Pradeep Mallick as the new Additional Director on the Board of the company.
Closes the Buyback scheme on Feb 3.
Inducts AFL Logistics for the complete transfer and warehousing of finished goods for a period of 2 years, with a view to outsource the logistics.
Mr Gurdip Singh appointed as the new Director of the company.
Changes in Management:
Mr. Nawshir H Mirza appointed as an additional Director of the Company, Mr. Satish Jamdar has been elevated to the Board as an Executive Director of the Company, his promotion being effective from November 01, 2003.
2003
2004
Blue Star signs alliance pact with Hanbell for compressors
Blue Star Ltd has launched a series of contemporary technology airconditioning systems for a wide range of applications.
2004
2005
Blue Star joins hand with FCE
Blue Star sets up new factory at Kala Amb in Himachal Pradesh
2005
2006
Blue Star ties up with ISA, Italy for Supermarket Refrigeration
Blue Star opts for a 5 for 1 stock split
Blue Star launches UVC Emitters to improve Indoor Air Quality
Company has splits its Face value of Shares from Rs 10 to Rs 2
2006
2007
Blue Star sets up its fifth factory at Wada, Thane District
Blue Star and Arctic India join hands to promote Air Management
2007
2008
Blue Star to acquire Naseer Electricals
Blue Star bags Rs 104 crore order from Delhi Metro Rail Corporation Limited (DMRC) for 7 Underground Metro Stations.
Blue Star launches wide range of Star-rated Split Air-conditioners
2008
2009
Blue Star launches innovative cooling solution for storage of seeds
Blue Star to aggressively promote LEED consultancy services for Green Buildings
Blue Star bags order for airconditioning Raipur airport
2009
2010
Blue Star Ltd has appointed Mr. Vir S. Advani as a Wholetime Director of the Company with effect from July 01, 2010. The appointment will be subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company to be held on July 26, 2010.
2010
2011
Blue Star enters residential AC market
Blue Star unveils new AC models
Blue Star launches new range of Inverter Split ACs
Blue Star Enters Kerala with Split Range of ACs
Blue Star wins Rs 84-cr order from Bangalore Metro Rail
2011
2012
Blue Star Ltd has proposed a Dividend of Rs. 1/- per equity share of Rs. 2/- each (50%).
2012
2013
Blue Star appoints B. Thiagarajan as Whole time Director
The Company recommended a Dividend of Rs. 2.00 per equity share (Previous Year Rs. 1.00 per equity Share). In addition, a special dividend of Re. 1.00 per equity share has been recommended to commemorate the birth centenary of the founder Chairman of the Company.
2013
2014
The company recommended a dividend of Rs. 4.00 per equity share of Rs. 2 each (Previous Year : Rs. 3.00 per equity share, including special dividend of Rs. 1.00 per equity share to commemorate the birth centenary of the founder Chairman Mr. Mohan T. Advani as well as the 70th anniversary of the founder of Blue Star).
Blue Star and Eureka Forbes collaborate to launch water coolers with in-built Aquaguard water purifiers.
Blue Star Limited has successfully executed the airconditioning as well as plumbing works of the integrated Terminal Building, Terminal 2 of the Chhatrapati Shivaji International Airport (CSIA), Mumbai.
2014
2015
Blue Star launches new Inverter VRF AC system
Blue Star launches the next generation 100% Inverter VRF AC system that is 'Made in India' and 'Made for India'.
2015
2016
Blue Star signs deal with Jumbo Engineering in UAE
Blue Star launches Inverter Room ACs with anti-corrosive copper condensers for Maldives
Blue Star Ltd has informed "Blue Star launches India's largest range of star rated inverter ACs; targets 12% market share of Room ACs in FY17".
2016
2017
Blue Star sets a new industry benchmark with its latest range of split and inverter air conditioners
Star Limited signs distributor agreement with OMASCO for its applied systems and unitary air conditioning products
Blue Star expands its range of stylish and differentiated water purifiers; to make deep inroads across 100 towns in the country
2017
2018
Blue Star launches 100 new air conditioners including 40 highly energy-efficient inverter split air conditioners, designed to deliver extraordinary benefits
Blue Star wins prestigious Engineering Facility Management (EFM) orders from Airport and Metro segments
Blue Star Engineering & Electronics wins a prestigious order for 28 Medical CT Scanners from Uttar Pradesh Medical and Health Services
2018
2019
Blue Star launches 75 new air conditioner models to celebrate its 75th Anniversary; range includes inverter ACs with 30% extra cooling and significant power savings
B-lue Star expands operations in the Middle East, inaugurates a new office and state-of-the-art flagship showroom in Dubai
Blue Star launches 34 new models of water purifiers with RO, UV, UV LED, RO+UV, and RO+UV+UF technologies including variants that enriches water with essential minerals
Blue Star wins prestigious Air Conditioning and Tunnel Ventilation System order of Rs 253 crores from Mumbai Metro Rail Corporation
2019
2020
Blue Star wins the prestigious ÂGolden Peacock Award for Corporate Ethics for 2019
Blue Star launches a new range of 'Premium-Yet-Affordable' Residential Air Conditioners
Blue Star wins another prestigious order valued at Rs 149 crores for Electrical & Mechanical works
Blue Star wins The Best Governed Company award for Excellence in Corporate Governance
2020
2021
Blue StarÂs subsidiary performs Bhoomi Pujan and commences construction of new world-class manufacturing facility at Sri City
Blue Star launches a comprehensive range of affordable ACs in line with its mass premium positioning
2021
2022
Blue Star inaugurates its new first-of-a-kind Customer Experience Centre for Non-Destructive Testing systems at Thane, Maharashtra.
Blue Star declared winner of the prestigious ÂGolden Peacock Award for Excellence in Corporate GovernanceÂ.
Blue Sta launched New range of deep freezers offering optimum storage space and cooling.
Blue Star inaugurates a new Medical Diagnostic Equipment Refurbishment Facility at Bhiwandi, Maharashtra.
2022
2023
The Company has issued Bonus Shares in the Ratio of 1:1.
Blue Star Limited launches new range of Room ACs for 2023; wholly owned subsidiary Blue Star Climatech Limited commences commercial production in its state-of-the-art, automated and smart plant at Sri City.
Blue Star launches its new range of best-in-class deep freezers with more storage and higher cooling capacity manufactured at the CompanyÂs new state-of-the-art Wada Factory.
Blue Star forays into the Railway Electrification space, wins four orders worth Rs 575 crores from prestigious customers namely West Central Railway; CORE; and Metro Railway, Kolkata.
Blue Star Industrial Solutions announces partnership with Gebhardt Intralogistics Group of Germany, for warehouse automation solutions.
2023