BSECompany Update1d ago · 18 Aug 2026, 05:20 pm
The Board considered and approved the allotment of 50,00,000 fully paid-up fresh equity shares to the allottees as per the approved Resolution plan and the order of the Adjudicating Authorities.
Blue Blends (India) Ltd · 502761
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Blue Blends (India) Ltd has approved the allotment of 50,00,000 fresh equity shares to allottees as per the approved Resolution plan and the order of the Adjudicating Authorities, including the cancellation and extinguishment of existing equity shares held by promoters and public shareholders.
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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk6/10
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Blue Blends (India) Ltd - 502761 - Announcement under Regulation 30 (LODR)-Allotment
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JBF House, 2nd Floor,
Old Post Office Lane,
Kalbadevi Road,
Mumbai - 400 002. (India)
Date: August 18, 2026
The Manager
Listing Department,
Bombay Stock Exchange Limited National Stock Exchange Limited
Corporate Relations Department Exchange Plaza, Plot No. C/1, G Block,
Phiroze Jeejeebhoy Towers Bandra Kurla Complex,
Dalal Street, Mumbai – 400001 Bandra East, Mumbai-400051
Scrip Code: 502761 Symbol: BLUEBLENDS
Sub: Outcome of Board meeting held on August 18, 2026 - Intimation under Regulation 30 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016, the Companies Act, 2013, the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018, the Order of the Hon’ble National Company Law Tribunal, Mumbai Bench dated
December 06, 2024 approving the Resolution Plan, subsequent IA No. 1255/2025 filed on January 22, 2025
and its order dated March 19, 2025, IA No. 2449/2025 filed on May 08, 2025 and its order dated December
19, 2025, and the order of the Hon’ble National Company Law Appellate Tribunal, New Delhi dated
February 18, 2026 in Company Appeal No. 161 of 2026 (Herein to be mentioned as order of Adjudicating
Authorities) we hereby inform you that the Board of Directors (‘Board’) of “Blue Blends (India) Limited”
(‘Company’) at its meeting held today, i.e., August 18, 2026, have apart from other businesses, in accordance
with the Approved Resolution Plan and order of the Adjudicating Authorities have approved the following:
i) Cancellation and extinguishment of all the existing equity shares held by the existing Promoter and
Promoter Group i.e. 1,15,09,470 equity shares of face value of Rs. 10 each, without payment of any
consideration.
ii) Cancellation and extinguishment of all existing equity shares held by the existing public shareholders
as on the Record Date i.e. April 17, 2026, i.e. 1,01,41,743 equity shares of face value of Rs. 10 each
and allotment of 2,70,446 fully paid-up equity shares of face value of Rs. 10 each to the existing
public shareholders in the ratio of 4 (Four) fully paid-up equity share of face value of ₹10/- each for
every 150 (One Hundred Fifty) existing fully paid-up equity shares of face value of ₹10/- each held
by the existing public shareholders as on the Record Date, including treatment of fractional shares
and physical shares.
Phone: 91-22-2208 5951
Email : blueblends.ho@gmail.com / blueblends@yahoo.com • Website : www.blueblends.com
JBF House, 2nd Floor,
Old Post Office Lane,
Kalbadevi Road,
Mumbai - 400 002. (India)
iii) Allotment of 50,00,000 fully paid-up fresh equity shares of face value of ₹10/- each at a price of Rs.
10 each on preferential basis, of which 10,000 equity shares are allotted to Amit Mahendrabhai Shah
and 49,90,000 equity shares to Neolite Polymer Industries Private Limited.
The Board Meeting commenced at 4:00 p.m. (IST) and concluded at 4:30 p.m. (IST)
You are requested to kindly take the same on record.
For Blue Blends (India) Limited
Ritesh Rajkumar Chokhani
CFO & Whole time Director
DIN: 11083282
Phone: 91-22-2208 5951
Email : blueblends.ho@gmail.com / blueblends@yahoo.com • Website : www.blueblends.com