Blue Star Limited announced the Board of Blue Star Limited has unanimously approved the elevation of Mr. Vir S Advani as Managing Director with effect from April 1, 2024. He will succeed Mr. Shailesh Haribhakti, who will be completing two consecutive terms as Independent Director and will be retiring from the Board on March 31, 2024. Mr. Shailesh Haribhakti joined the Board of Blue Star in 2005 as an Independent Director and was elevated to the position of Independent Chairman in 2019.

Under his exemplary leadership, the Company grew significantly with all its businesses performing very well. Mr. Vir S Advani holds bachelor's degrees in Systems Engineering and Economics from the University of Pennsylvania. He has also completed a comprehensive Executive Management Program at the Harvard Business School.

After a 2-year working stint in a private equity firm in New York, Vir joined Blue Star Infotech Ltd. in 2000, and later founded Blue Star Design & Engineering Ltd. in 2003, designated as its Chief Executive Officer. In 2007, he moved to Blue Star as Vice President - Corporate Affairs. He was promoted as Executive Vice President in 2008; President - Corporate Affairs & Special Projects in 2009; Executive Director in 2010.

In 2016, Vir was appointed Managing Director of the Company. He was, thereafter, elevated to the position of Vice Chairman, and re-designated Vice Chairman & Managing Director on April 1, 2019. Vir will succeed Mr. Shailesh Haribhakti as Chairman and Managing Director with effect from April 1, 2024.