Blue Cloud Softech Solutions begins trading on NSE
A total of 92 crore equity shares of face value Re 1 each were admitted for trading with effect from Tuesday
Blue Cloud Softech Solutions Limited, a BSE-listed company, has commenced trading of its shares on the National Stock Exchange of India Limited (NSE). The company had admitted 92 crore equity shares with a face value of Re 1 each for trading, effective from Tuesday. In a statement, the company noted that access to NSE's broader investor base, comprising both institutional and retail investors, will enable BCSSL to fund its expansion plans into Africa and the United States.
Tejesh Kumar Kodali, the Group Chairman of Blue Cloud Softech Solutions Limited, commented on the development. He stated that since the company's BSE listing in 2016, it has transformed from an IT services provider into a diversified AI-first group with revenue exceeding ₹1,000 crore.
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