NewsBlue Blends (India) Limited Sets April 17, 2026 as Record Date for Shareholder Entitlement Under Resolution PlanBlue Blends (India) Limited Sets April 17, 2026 as Record Date for Shareholder Entitlement Under Resolution Plan
Blue Blends (India) Limited has set April 17, 2026 as the record date for determining existing shareholders' entitlement under the company's resolution plan. This follows the NCLT Mumbai order of December 06, 2024 and NCLAT New Delhi order of February 18, 2026. The company has notified BSE and NSE in compliance with SEBI regulations, with the announcement signed by CFO Ritesh Rajkumar Chokhani on March 27, 2026.
*this image is generated using AI for illustrative purposes only.
Blue Blends (India) Limited has officially set April 17, 2026 as the record date for determining existing shareholders' entitlement under the company's resolution plan. The announcement comes following a series of legal proceedings and regulatory approvals that have shaped the company's restructuring process.
Corporate Action Details
The company's Board of Directors approved the record date following specific legal milestones in the resolution process. The decision is directly linked to orders from India's corporate law tribunals that have provided the framework for the company's restructuring.
| Parameter: | Details |
|---|---|
| Record Date: | April 17, 2026 |
| Purpose: | Ascertain entitlement of existing shareholders |
| Regulatory Compliance: | SEBI Regulation 42 |
| Announcement Date: | March 27, 2026 |
Legal Framework and Timeline
The record date announcement is pursuant to the Hon'ble NCLT Mumbai order dated December 06, 2024. Subsequently, the Hon'ble National Company Law Appellate Tribunal (NCLAT) New Delhi passed an order on February 18, 2026 regarding the company's resolution plan. The company had previously intimated the exchanges about the NCLAT order on March 02, 2026.
Regulatory Compliance
Blue Blends has informed both major Indian stock exchanges about this development. The company communicated the record date to BSE Limited, where it trades under scrip code 502761, and to the National Stock Exchange of India Limited, where it is listed under the symbol BLUEBLENDS. The intimation has been made in compliance with Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Administrative Process
The company has also notified both Central Depository Services (India) Limited and National Securities Depository Limited about the record date. This ensures proper coordination with the depository systems for determining shareholder entitlements. CFO and Whole-time Director Ritesh Rajkumar Chokhani signed the official communication on March 27, 2026.
Shareholders of Blue Blends (India) Limited should note that their entitlement to receive shares under the resolution plan will be determined based on their holdings as of the close of business on April 17, 2026. The company operates under CIN L17120MH1981PLC023900 and is headquartered in Mumbai.
What specific changes to Blue Blends' shareholding structure are expected after the resolution plan implementation?
How might the resolution plan affect Blue Blends' operational strategy and business model going forward?
Will the company's debt restructuring under the resolution plan impact its ability to secure future financing?
16
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
