Blue Star: Sam Balsara to retire after completion of two terms as Independent Director
Sam, Chairman of Madison World, joined the Blue Star Board in June 2017
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Published: Jan 29, 2026 4:44 PM | 1 min read
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Blue Star has announced that Sam Balsara (Sam), who attained the age of 75 years, will retire on
January 31, 2026, after completion of two consecutive terms as an Independent Director.
Sam, Chairman of Madison World, one of India’s largest media and communication agencies, joined the Blue Star Board in June 2017 and was reappointed for the second term in June 2022. As a prominent figure in the field of marketing and advertising with over five decades of experience, he has guided the Company on various fronts including brand building strategies, consumer insights, and media trends.
As the Chairman of the Nomination and Remuneration Committee, his contribution to the Leadership Development and Succession Planning programmes of the Company was invaluable.
Vir S Advani, Chairman & Managing Director adds, “Blue Star is an 82-year-old brand, Sam has played a significant role in our strategic efforts to make it stronger, youthful, and relevant to the new generation consumers as well as Tier 3-4-5 markets. His marketing insights helped the Company to gain market share year after year. On
behalf of the Board of Directors, I wish to place on record our deep appreciation for his outstanding contribution and exemplary service during his tenure.
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