Blue Blends (India) Ltd

Blue Blends (India) Ltd announced that its Board of Directors, in a meeting held on September 08, 2026, approved filing an application with the Registrar of Companies (ROC), Mumbai. The application seeks an extension of three months for convening the 45th Annual General Meeting (AGM) for the financial year ended March 31, 2026. The statutory due date for the AGM is September 30, 2026, and the company aims to hold it by December 31, 2026. The extension is subject to ROC approval, and the company will inform exchanges of the outcome.

Blue Blends (India) Ltd announced that its Board of Directors, in a meeting held on September 08, 2026, approved seeking a three-month extension for its 45th Annual General Meeting (AGM). The statutory due date for the AGM is September 30, 2026, and the company proposes to extend it to December 31, 2026. An application will be filed with the Registrar of Companies, Mumbai, for this extension, which is subject to their approval. The company will inform stock exchanges of the outcome.

Blue Blends (India) Limited has announced the preferential allotment of 50,00,000 equity shares of face value Rs. 10 each at Rs. 10 per share to Promoters/Acquirers Amit Mahendrabhai Shah and Neolite Polymer Industries Private Limited. This acquisition, totaling 50,00,000 shares, represents 94.87% of the company's total share capital post-allotment. The transaction is part of an Approved Resolution Plan and is exempt from open offer requirements under Regulation 10(1)(da) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Neolite Polymer Industries Private Limited now holds 49,90,000 shares (94.68%), and Amit Mahendrabhai Shah holds 10,000 shares (0.19%).

Blue Blends (India) Ltd has disclosed a significant shareholding change under SEBI's Takeover Regulations. Neolite Polymer Industries Private Limited has acquired 49,90,000 equity shares, representing 94.68% of the total voting capital, and Amit Mahendrabhai Shah acquired 10,000 equity shares (0.19%). This acquisition is part of a Preferential Allotment pursuant to an Approved Resolution Plan and orders from Adjudicating Authorities, including the National Company Law Tribunal and Appellate Tribunal. The total equity shares acquired amount to 50,00,000, bringing the total post-acquisition holding to 94.87%. The company's total equity share capital before and after the acquisition remains Rs. 5,27,04,460, divided into 52,70,446 equity shares of Rs. 10/- each.

Blue Blends (India) Ltd has disclosed a substantial acquisition of shares by Neolite Polymer Industries Private Limited, which now holds 94.68% of the company's voting capital. This acquisition, involving 49,90,000 equity shares, was executed at a price of ₹10 per share, totaling 50,00,000 equity shares. The transaction is a result of an approved resolution plan and orders from various adjudicating authorities, including the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT). Amit Mahendrabhai Shah also acquired a smaller stake of 10,000 shares (0.19%). The total equity share capital of Blue Blends (India) Ltd is ₹5,27,04,460, divided into 52,70,446 equity shares of ₹10 each.

Blue Blends (India) Limited's Board of Directors has approved the allotment of 50,00,000 fully paid-up fresh equity shares at a price of ₹10 each on a preferential basis. This action is in accordance with an approved Resolution Plan and orders from Adjudicating Authorities, including the National Company Law Tribunal and Appellate Tribunal. The allotment includes 10,000 shares to Amit Mahendrabhai Shah and 49,90,000 shares to Neolite Polymer Industries Private Limited. Concurrently, existing promoter and public shareholder equity shares are to be cancelled and extinguished without consideration, with public shareholders receiving a smaller allotment of new shares based on their existing holdings.

Blue Blends (India) Limited's Board of Directors has approved the cancellation and extinguishment of all existing equity shares held by the Promoter and Promoter Group (1,15,09,470 shares). Additionally, existing public shareholders' shares (1,01,41,743 shares) will be cancelled and replaced with a new allotment of 2,70,446 shares at a ratio of 4:150. The company also approved the preferential allotment of 50,00,000 fresh equity shares at face value to Amit Mahendrabhai Shah and Neolite Polymer Industries Private Limited. These actions are pursuant to an approved Resolution Plan under the Insolvency and Bankruptcy Code, 2016, and various regulatory orders.

Blue Blends (India) Limited's Board of Directors, in a meeting held on August 18, 2026, approved significant corporate actions following an approved Resolution Plan and orders from the National Company Law Tribunal and Appellate Tribunal. Key decisions include the cancellation and extinguishment of all existing equity shares held by promoters and public shareholders without consideration, and a proportionate allotment of new equity shares to existing public shareholders. Additionally, the company approved the allotment of 50,00,000 fresh equity shares on a preferential basis to Amit Mahendrabhai Shah and Neolite Polymer Industries Private Limited.

Blue Blends (India) Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 14, 2026. A limited review report was also submitted along with the financial statements. The company has provided standalone segment information for manufacturing and trading & distribution segments. The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) 'Interim Financial Reporting'.

Blue Blends (India) Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also submitted the Limited Review Report along with the financial results. The meeting commenced at 04:00 P.M. and concluded at 04:30 P.M. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting".