BLUEBLENDSNSEBlue Blends (I) Limited· Textile ProductsMediumNeutral
Announced Fri, 27 Mar · 19:06 IST

Blue Blends (I) Limited has informed the Exchange that Record date for the purpose of Intimation of Record date for ascertaining the entitlement of existing shareholders is 17-Apr-2026.

Nclt Scheme FiledStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Blue Blends (India) Limited has fixed April 17, 2026 as the Record Date to identify existing shareholders entitled to receive shares under the company's Resolution Plan. This follows an NCLAT (National Company Law Appellate Tribunal) order dated February 18, 2026, approving the Resolution Plan, which itself was based on an earlier NCLT, Mumbai order from December 6, 2024. The company is undergoing a corporate insolvency resolution process, and the resolution plan has now been cleared by the appellate tribunal. Shareholders whose names appear in company records on the Record Date will be eligible to receive shares as per the terms of the approved plan. The intimation is filed under SEBI Listing Regulations, 2015.

Likely market impact

This is a significant development for existing shareholders, as the approved Resolution Plan will determine how their stake is treated — whether through share issuance, dilution, or restructuring under the insolvency resolution framework. Shareholders must ensure their holdings are properly recorded by the Record Date to receive their entitled shares. Stock price could see volatility around the Record Date and any further announcements on the plan's implementation.