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Dividend Distribution Policy

Bluspring Enterprises Limited's Dividend Distribution Policy, approved on April 1, 2025, outlines the framework for declaring and recommending dividends in accordance with relevant laws and regulations. The policy aims to balance shareholder returns with retained earnings for business growth, considering various financial parameters. The Board retains discretion in dividend decisions and may amend the policy as needed, with disclosures made in the company's Annual Report.

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Vibhu Sharma
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3 views3 pages

Dividend Distribution Policy

Bluspring Enterprises Limited's Dividend Distribution Policy, approved on April 1, 2025, outlines the framework for declaring and recommending dividends in accordance with relevant laws and regulations. The policy aims to balance shareholder returns with retained earnings for business growth, considering various financial parameters. The Board retains discretion in dividend decisions and may amend the policy as needed, with disclosures made in the company's Annual Report.

Uploaded by

Vibhu Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Version 1

DIVIDEND DISTRIBUTION
POLICY

Approved by the Board of Directors of Bluspring Enterprises Limited on April 1, 2025


The Company does not have more than 1 class of shares listed on the Stock Exchanges. This policy
applies to the distribution of dividend by Bluspring Enterprises Limited (the “Company”) in
accordance with provisions of the Companies Act, 2013 (“Act”) and the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) and other
legislations governing dividends and the Articles of Association of the Company, as in force and as
amended from time to time.

OBJECTIVE

The Company’s management seeks to optimize shareholder return through various means including
dividends, share buybacks and long term capital appreciation. The Company aims to strike the right
balance between the quantum of profits returned to shareholders and that retained in the business for
various purposes. The Board of Directors (“Board”) will refer this policy while declaring/
recommending dividend on behalf of the Company. By virtue of this policy, the Company would
endeavor to maintain a consistent and measured approach to dividend pay-out.

GUIDELINES

The Board may declare interim dividend and/or recommend final dividend, payable to the
shareholders of the Company subject to applicable laws.

In doing so, the Board would take various financial parameters and factors (both internal and external)
into consideration including:

 Current and historic profitability, earning stability and growth;


 Free cash flow position;
 Accumulated reserves;
 Current and future leverage levels;
 Cost and Other constraints (if any) of external financing;
 Alternate usage of cash, e.g. capital expenditure, growth, debt repayment etc., with potential
to create greater value for shareholders;
 Providing for unforeseen events and contingencies;
 Tax environment, Applicable taxes including tax on dividend;
 Business cycles, Economic environment and Industry outlook; and
 Extant Government policies, industry specific rulings & regulatory provisions and
subsequent changes in the same.

The Board may declare an interim dividend one or more times in a financial year in line with this
policy. This would be in order to supplement the annual dividend or in exceptional situations.
Whereas, the final dividend may be declared once for the financial year after the annual accounts are
prepared. The Board of Directors of the Company has the power to recommend the payment of final
dividend to the shareholders in an Annual General Meeting.

In case the Board proposes not to distribute the profit; the grounds thereof and information on
utilization of the undistributed profit, if any, shall be disclosed to the shareholders in the Annual
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Report of the Company.

The dividend distribution shall be in accordance with the applicable provisions of the Companies Act,
2013, Rules framed thereunder, Listing Regulations and other legislations governing dividends and
the Articles of Association of the Company, as in force and as amended from time to time.

POLICY ON FINANCIAL PARAMETERS

The Company may return a percentage of free cash flow to shareholders in the form of interim and/or
final dividend and/or share buyback. This percentage will be arrived at by the Board after considering
the funding requirements of the Company going forward, in terms of growth, expansion and delivery.
The Board shall have the discretion to re-consider this policy, mainly in light of the guidelines
mentioned earlier, applicable laws and requisite approvals.

DISCLOSURES

This Policy shall be uploaded on the Company’s website for public information and the web link of
the same shall be provided in the Annual Report of the Company.

AMENDMENTS AND UPDATES

The Board or any Committee authorized in this regard, may review and make necessary changes from
time to time. In case of any inconsistency between the terms of this Policy and applicable law, the
latter shall prevail.

DISCLAIMER

The Policy does not constitute a commitment regarding future dividends of the Company, but only
represents a general guidance regarding payment of dividend. The Policy does not in any way restrict
the right of the Board to use its discretion in the recommendation of the dividend to be distributed
considering various factors mentioned in the Policy. Further, subject to the provisions of applicable
laws, the Board reserves the right to depart from the policy as and when circumstances so warrant.

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