New Delhi, Dec. 9 -- Blue Cloud Softech Solutions share price surged by over 16% during Tuesday's trading session after the company announced that it has obtained in-principle authorization from BSE to issue 31,68,00,000 equity shares at Rs.23.06 each through a preferential issue.

This share exchange is intended for the acquisition of M/s AIS Anywhere. The distribution of shares will be divided between Mrs. Janaki Yarlagadda (14,10,75,000 shares) and M/s Siraj Holdings LLC (17,57,25,000 shares).

A board meeting is set for December 10, 2025, to move forward with the share allotment. The company is required to adhere to applicable regulations and submit a listing application within 20 days following the allotment.

Further, Blue Cloud Sof...