Board approves internal auditor, additional director, Kolkata branch office and debt assignment

Internal auditor: M/s. Mahesh Sharma & Associates, FY 2026-27 to 2030-31.

Fri 9 Oct 2026

Internal auditor term

FY 2026-27 to 2030-31

Kolkata branch monthly rent

20,000/-

Internal auditor professional fee

325,000 per annum

The Board of Blueblood Ventures met on Friday, 09 October 2026 and approved four matters.

Internal auditor appointed

• M/s. Mahesh Sharma & Associates, Chartered Accountants (Firm Registration No. 014330N), has been approved as the internal auditor of the company for the financial years 2026-27 to 2030-31.
• Professional fee: 325,000 per annum plus applicable taxes, on the terms and conditions mutually agreed upon.
• Stated rationale: to assist the company in reviewing and strengthening its internal control systems, risk management processes and operational efficiency, and to support compliance with applicable laws and regulatory requirements.

New independent director

• Mr. Chandrashekhar Singh (DIN 05131693) has been approved as an Additional Director in the category of Non-Executive Independent Director, with effect from 09 October 2026.
• He shall hold office as an Additional Director up to the date of the ensuing Annual General Meeting, subject to Section 161(1) of the Companies Act, 2013.
• His appointment as an Independent Director for a term of five consecutive years shall be subject to approval of the shareholders and compliance with applicable statutory requirements.
• The company confirms, based on the declaration furnished by him and its verification, that he is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority.
• Shareholding in the company: NIL.
• Profile: a serial entrepreneur, AI business coach and motivational speaker; his qualifications include a Master of Computer Applications (MCA), a Bachelor of Laws (LL.B.) from the University of Delhi and a Post Graduate Certificate in Enterprise Management (PGCEM) from IIT Delhi.
• He is already a director in 2 companies.

Branch office at Kolkata

• The Board considered and approved, in principle, the proposal to establish a branch office at 19, N.S. Road, 27 Floor, Standard Chartered Bank Building, Kolkata - 700001, West Bengal.
• The proposed premises shall be taken on rent at a monthly rental of 20,000/- (Rupees Twenty Thousand only), with effect from 01/10/2026.
• The Board was informed that the premises, M/s. Dill Developers Private Limited, is owned by Mr. Suresh Bohra; this is a related party transaction in which Mr. Suresh Bohra is a beneficiary.
• The Board noted the related-party aspect and directed that the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as applicable, shall be duly complied with.
• Purpose: the proposed branch office is intended to facilitate the company's business operations, development and coordination in Eastern India with Kolkata as its base.
• The Company Secretary is authorised to execute all necessary documents in this regard.

Debt assignment and share transaction

• The Board has also approved the Debt Assignment Transaction of Mr. Anuranjan Jha, Pradeep Kumar and Amit Kumar Kushwaha.
• The company may enter into a Share Purchase/Sale transaction of SJM Investments (Delhi) Private Limited.

Points to note

• The internal auditor appointment covers the financial years 2026-27 to 2030-31, with a recurring annual professional fee.
• The independent director's term as an Independent Director for five consecutive years is subject to shareholder approval; as an Additional Director, he holds office up to the date of the ensuing Annual General Meeting.
• The Kolkata branch is approved in principle, and the Board was informed the premises arrangement is a related party transaction in which Mr. Suresh Bohra is a beneficiary.

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