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Blue Blends (India) specializes in the manufacturing and trading of denim fabrics.
Blue Blends (I) Limited has decided to apply to the Registrar of Companies (ROC) for a three-month extension, shifting its 45th Annual General Meeting deadline from September 30 to December 31, 2026.
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.
Promoters of Blue Blends (India) Limited acquired 50 lakh new equity shares for Rs 5 Cr via preferential allotment under a resolution plan. This move consolidates their ownership to 94.87%, reflecting strong commitment and control over the company's future.
Blue Blends' board approved a significant share restructuring. All existing promoter and public shares were cancelled. Public shareholders will get 4 new shares for every 150 old ones. The company also preferentially allotted 50 lakh new shares at ₹10 each.
Blue Blends' board approved a major restructuring: 1.15 Cr promoter shares & 1.01 Cr public shares were cancelled. Public shareholders receive 2.70 lakh new shares (4 for 150). 50 lakh new shares (Rs 5 Cr) were preferentially allotted to Amit Shah & Neolite Polymer.