Bluspring Enterprises: Proposed Scheme of Amalgamation of Bluspring New Horizon Two Private Limited ("Transferor Company") with LSG…
Bluspring Enterprises (BLUSPRING) filed a disclosure titled "Proposed Scheme of Amalgamation of Bluspring New Horizon Two Private Limited ("Transferor Company") with LSG Sky Chefs India Private Limited ("Transferee Company")'". The company is valued at about…
What happened
Bluspring Enterprises (BLUSPRING) filed a disclosure with the exchanges on 29 September 2026 at 05:38 PM titled "Proposed Scheme of Amalgamation of Bluspring New Horizon Two Private Limited ("Transferor Company") with LSG Sky Chefs India Private Limited ("Transferee Company")'".
From the filing: "Bluspring Enterprises Limited has informed the Exchange regarding 'Proposed Scheme of Amalgamation of Bluspring New Horizon Two Private Limited ("Transferor Company") with LSG Sky Chefs India Private Limited ("Transferee Company")'."
Company snapshot
Bluspring Enterprises is a small-cap company, with a market value of about ₹2,169 crore.
The stock last traded at ₹145.1, against a 52-week range of ₹43.98–₹146.5 (0.9% below the high).
Before this filing the shares had moved +10.3% over the month and +30.7% over three months. Average daily turnover over the last 20 sessions was about ₹6.87 crore.
Promoters held 58.05% at the end of Q1 FY27, down 0.12% points from the previous quarter. Foreign institutions owned 5.70% and domestic institutions 8.65%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 797 | -4.8 | -0.32 |
| Q2 FY26 | 857 | 5.2 | 0.35 |
| Q3 FY26 | 863 | -19.9 | -1.34 |
| Q4 FY26 | 865 | 4.1 | 0.28 |
| Q1 FY27 | 949 | -1.6 | -0.03 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 5.7% on average the next trading day and was down 3.4% on average after five days (2 filings with price data).
Market-wide, 1,921 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 12 Aug 2026 | 'Amalgamation of wholly owned subsidiaries of the Company'. | −8.6% | −2.9% |
| 7 Aug 2026 | Bluspring Enterprises Limited Has Informed Exchange Regarding… | −2.8% | −3.9% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.