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Twenty First Century Management Services Ltd

Blue Star Ltd

BSE : 500067|NSE : BLUESTARCO|ISIN : INE472A01039

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
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023

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

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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

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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

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2005

Blue Star joins hand with FCE

Blue Star sets up new factory at Kala Amb in Himachal Pradesh

2005

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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

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2007

Blue Star sets up its fifth factory at Wada, Thane District

Blue Star and Arctic India join hands to promote Air Management

2007

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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

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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

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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

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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

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2012

Blue Star Ltd has proposed a Dividend of Rs. 1/- per equity share of Rs. 2/- each (50%).

2012

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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

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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

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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

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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

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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

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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

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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

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2020

Blue Star wins the prestigious ‘Golden 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

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2021

Blue Star’s 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

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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 ‘Golden Peacock Award for Excellence in Corporate Governance’.

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

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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 Company’s 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

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