Blue Cloud Softech Solutions appointed Rama Rao Telli as its Chief Financial Officer (CFO) and Key Managerial Personnel effective June 10, 2026. The appointment follows the resignation of Venkata Seshavataram Varada, who stepped down from the position of CFO and Key Managerial Personnel effective the close of business hours on June 9, 2026. The Board of Directors approved these changes based on the recommendations of the Nomination and Remuneration Committee and Audit Committee.

Venkata Seshavataram Varada resigned due to preoccupation and other personal commitments. He confirmed that there were no other material reasons for his resignation apart from those specified. The outgoing CFO expressed gratitude to the Board and colleagues for their support during his tenure.

Rama Rao Telli brings over 21 years of experience to the role, primarily in the banking sector. His expertise includes corporate finance, treasury management, fund mobilisation, budgeting, statutory compliance, and internal controls. He is also skilled in internal audit, taxation, and corporate accounts, with a comprehensive understanding of IND AS and auditing guidelines.

The company disclosed these changes pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The relevant details regarding the appointment and resignation were submitted as annexures to the regulatory filing.

Key Management Changes

Blue Cloud Softech Solutions Limited has reclassified Duranta Power Projects Private Limited and Newton Power Private Limited from the promoter group to the public category. This change follows the completion of an open offer on 25 August 2023, which transferred management and control of the company to new acquirers, ITTB Software Private Limited, Janaki Yarlagadda, and Janardhana Doranala Sarma.

The reclassification was executed pursuant to Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the outgoing promoter entities satisfy all conditions specified in Regulation 31A(3)(b), including holding nil shares and having no voting rights or control over the company's affairs.

Compliance and Disclosures

The company certified that it is in compliance with the minimum public shareholding requirements under Regulation 38 of the SEBI LODR Regulations. It further confirmed that trading in equity shares has not been suspended by any stock exchange and that there are no outstanding dues payable to SEBI, stock exchanges, or depositories.

There is no pending regulatory action against the company or the outgoing promoter entities regarding this reclassification. The entities have also confirmed they are not wilful defaulters or fugitive economic offenders.

Shareholding Details

The following table details the shareholding of the reclassified entities as of 22 May 2026:

The reclassification will be reflected in the shareholding pattern for the quarter ended 30 June 2026.