Board Meeting Details
The Board of Directors meeting was held on November 06, 2026, at the Registered Office of the Company, commencing at 4:00 PM and concluding at 4:30 PM.
Financial Results Approval
The Board considered and approved the Unaudited Standalone & Consolidated Financial Statements for the quarter & half year ended September 30, 2026, as provided by M/s. Shabbir & Rita Associates LLP, Chartered Accountants (Firm Registration No. 109420W), Statutory Auditors of the Company.
Standalone Financial Performance (Quarter Ended 30-09-2026)
- Total Income: ₹5,422.99 lakh (₹5,422.16 from Revenue From Operations + ₹0.82 Other Income)
- Total Expenses: ₹5,448.00 lakh
- Profit/(Loss) before exceptional items and tax: (₹25.02) lakh
- Exceptional Items: Not specified
- Profit/(Loss) before tax: (₹25.02) lakh
- Tax Expense: ₹0.40 lakh (MAT Credit Adjustment)
- Profit/(Loss) for the period: (₹24.62) lakh
- Other Comprehensive Income: Not specified
- Total Comprehensive Income: (₹24.62) lakh
- EPS Basic: (₹0.47)
- EPS Diluted: (₹0.47)
Standalone Financial Performance (Half Year Ended 30-09-2026)
- Total Income: ₹11,359.10 lakh
- Profit/(Loss) before tax: (₹95.63) lakh
- Tax Expense: ₹418.50 lakh (MAT Credit Adjustment)
- Profit/(Loss) for the period: (₹514.13) lakh
- EPS Basic: (₹9.75)
- EPS Diluted: (₹9.75)
Segment-wise Performance (Standalone)
The company has two reportable segments:
Manufacturing Segment (Quarter Ended 30-09-2026)
- Segment Revenue: ₹309.51 lakh
- Segment Results: (₹37.35) lakh
Trading & Distribution Segment (Quarter Ended 30-09-2026)
- Segment Revenue: ₹5,112.65 lakh
- Segment Results: ₹11.56 lakh
Balance Sheet Position (Standalone as at 30-09-2026)
- Total Assets: ₹3,263.51 lakh
- Non-Current Assets: ₹1,300.42 lakh
- Current Assets: ₹1,863.09 lakh
- Total Equity: ₹503.39 lakh (Equity Share Capital: ₹527.04 lakh + Other Equity: (₹23.66) lakh)
- Total Liabilities: ₹2,760.12 lakh
- Non-Current Liabilities: ₹8.86 lakh
- Current Liabilities: ₹2,751.25 lakh
NCLT Resolution Plan Implementation
The document details the implementation of the approved Resolution Plan by Hon'ble NCLT:
Capital Restructuring
- All existing equity shares and preference shares stand extinguished without payment to shareholders
- 1,15,09,470 existing equity shares of face value ₹10 each held by existing Promoter and Promoter Group cancelled without consideration
- 1,01,41,743 existing equity shares of face value ₹10 each held by public shareholders cancelled
- Allotment of 2,70,446 fully paid-up fresh equity shares of face value ₹10 each to existing public shareholders in ratio of 4 shares for every 150 existing shares held
Preferential Allotment
The Board approved allotment of 50,00,000 fresh shares of ₹10 each fully paid up at price of ₹10 each on preferential basis:
- Neolite Polymer Industries Private Limited: 49,90,000 shares
- Amit Mahendrabhai Shah: 10,000 shares
Upon allotment, these allottees shall be recognized and classified as Promoters of the Company under applicable laws.
Consolidated Financial Performance
Quarter Ended 30-09-2026
- Total Income: ₹5,422.99 lakh
- Profit/(Loss) before tax: (₹25.24) lakh
- Profit/(Loss) for the period: (₹24.84) lakh
- EPS Basic: (₹0.47)
- EPS Diluted: (₹0.47)
Half Year Ended 30-09-2026
- Profit/(Loss) for the period: (₹577.87) lakh
- EPS Basic: (₹10.96)
- EPS Diluted: (₹10.96)
Subsidiary Information
The consolidated financial results include:
- Blue Blends India Limited (Holding Company)
- Bindal Synthetics Private Limited (Subsidiary)
Auditor Review
The financial results were subjected to limited review by the Statutory Auditors, who issued a review report with no material misstatements identified.
Additional Information
- Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
- Figures of previous period regrouped/rearranged where necessary
- Results filed with BSE Limited and National Stock Exchange of India
- Available on company website: www.blueblends.in