Implementation and Monitoring Committee of Blue Blends (India) Limited (as constituted under the Resolution Plan approved by the Hon"ble NCLT Mumbai bench vide its order dated 06th December, ....
Awaiting price reaction for this filing.
Blue Blends (India) Ltd has appointed Mr. Kunal Salawat (DIN: 03511063) as an Additional Whole Time Director (Executive) with immediate effect from April 21, 2025. The appointment was approved by the company's Implementation and Monitoring Committee (IMC), which operates under a Resolution Plan approved by the NCLT Mumbai bench. Mr. Salawat holds an M.Com degree and is a qualified Company Secretary (ICSI member), with roughly seven years of consultancy experience in textile/manufacturing businesses including the Sagar Group of Ahmedabad and Dharmshil Group. He will hold office until the next general meeting and is confirmed not debarred by SEBI from holding directorship or accessing capital markets. The company is operating under post-CIRP (insolvency resolution) governance, and this is a board-level reconstitution under that framework.
A routine director appointment under the existing NCLT-approved Resolution Plan; no immediate financial or operational impact for shareholders, but signals continued governance activity as the company stabilises post-insolvency.