BSEBlue Blends (India) LtdMediumNeutral
Announced Fri, 20 Feb · 13:19 IST

Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015- Appointment of Statutory Auditor.

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Blue Blends (India) Ltd has appointed M/s. Shabbir & Rita Associates LLP, Chartered Accountants (Firm Registration No. 109420W) as its new Statutory Auditor for the financial year 2025-26. The appointment was approved by the Board of Directors on February 20, 2026, based on the recommendation of the Audit Committee. The new auditor firm, established in 1989 and converted to an LLP in 2014, has over 36 years of experience serving corporates, SMEs, and owner-managed businesses. The company was under the Corporate Insolvency Resolution Process (CIRP) from December 2, 2021, to December 6, 2024, and is now implementing its approved Resolution Plan, including share allotment and re-listing.

Likely market impact

This is a routine governance step following the company's exit from insolvency proceedings. Shareholders should view this as part of the post-resolution normalcy being restored, with no negative implications for the stock price. The appointment supports the ongoing re-listing process.