NSEDisclosure under SEBI Takeover Regulations20 Aug 2026 · 20 Aug 2026, 06:09 pm
Disclosure under SEBI Takeover Regulations
Blue Blends (I) Limited · BLUEBLENDS
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Blue Blends (I) Limited has received a disclosure under SEBI Takeover Regulations regarding the allotment of 50,00,000 fresh equity shares to Neolite Polymer Industries Private Limited and Amit Mahendrabhai Shah on a preferential basis, exempt under Regulation 10(1)(da) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Full Announcement
Neolite Polymer Industries Private Limited, has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
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Date: August 20, 2026
The Manager
Listing Department,
BSE Limited National Stock Exchange of India 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: Disclosure under Regulation 10(6) of the Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011.
Dear Sir/Madam,
With reference to the subject, kindly find attached disclosure under 10(6) of Securities and Exchange
Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of
allotment of 50,00,000 fresh equity Shares of face value of Rs. 10/- each at a price of Rs. 10/- each of Blue
Blends (India) Limited (“the Company”) on a preferential basis to us, i.e. Amit Mahendrabhai Shah
(10,000 equity shares) and Neolite Polymer Industries Private Limited (49,90,000 equity shares) (herein,
collectively referred to as “Promoters/Acquirers”), pursuant to the Approved Resolution Plan and Order
of Adjudicating Authorities.
The aforesaid acquisition is exempt under Regulation 10(1)(da) of Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
For and on behalf of Acquirers
For Neolite Polymer Industries Private Limited
Ashok Sampatraj Jain
Director
DIN: 10971556
Encl: a/a
DISCLOSURE UNDER REGULATION 10(6) – Report to Stock Exchanges in respect of acquisition made in
reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
1. Name of the Target Company (TC) BLUE BLENDS (INDIA) LIMITED
2. Name of the acquirer(s) 1. AMIT MAHENDRABHAI SHAH
2. NEOLITE POLYMER INDUSTRIES PRIVATE LIMITED
3. Name of Stock Exchange where 1. BSE LIMITED
shares of TC are listed 2. NATIONAL STOCK EXCHANGE OF INDIA LIMITED
4. Details of the transaction including Preferential Allotment pursuant to the Resolution Plan, the Order of the
rationale, if any, for the Hon’ble National Company Law Tribunal, Mumbai Bench dated
transfer/acquisition of shares December 06, 2024 approving the Resolution Plan under Section 31 of
the Insolvency and Bankruptcy Code, 2016, 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, collectively to be referred as “Approved
Resolution Plan/Orders of Adjudicating Authorities”)
5. Relevant Regulation under which Regulation 10(1)(da) of the SEBI (Substantial Acquisition of Shares and
the acquirer is exempt from making Takeovers) Regulations, 2011.
open offer
6. Whether disclosure of proposed
acquisition was required to be
made under 10(5), and if so,
-whether disclosure was made and No
whether it was made within the
timeline specified under the
regulation
-date of filing with the Stock
Exchange
7. Details of Acquisition Disclosures Required to be Whether the Disclosures under Reg
made under Reg 10(5) 10(5) are actually made
a. Name of the transferor Not Applicable Not Applicable
b. Date of acquisition Not Applicable Not Applicable
c. Number of shares/voting rights Not Applicable Not Applicable
in respect of the acquisitions
from each person mentioned in
7(a) above
d. Total shares proposed to be Not Applicable Not Applicable
acquired/actually acquired as a
% of diluted share capital of TC
e. Price at which shares are Not Applicable Not Applicable
proposed to be
acquired/actually acquired
8. Shareholding Details Pre-Transaction Post-Transaction
No. of Shares % wrt total No. of Shares held % wrt total
held share capital of share capital
TC of TC
a. Each Acquirer/Transferee
1. Amit Mahendrabhai Shah 0 0 10,000 0.19
2. Neolite Polymer Industries 0 0 49,90,000 94.68
Private Limited
Total 0 0 50,00,000 94.87
b. Each Seller/Transferor Not Not Applicable Not Applicable Not
Applicable Applicable
For and on behalf of Acquirers
For Neolite Polymer Industries Private Limited
Ashok Sampatraj Jain
Director
DIN: 10971556
Date: August 20, 2026
Place: Mumbai