BLUEBLENDS

Blue Blends (I) Ltd has informed the Exchange that "Debenture instruments of Rs. 2,225.00 lacs (OFCD - Rs. 10.00 crores and NCD - Rs. 12.25 crores) privately placed with IFCI under approved settlement are converted into loan carrying the same terms and conditions as stipulated for debentures."

Blue Blends (I) Ltd has informed the Exchange that "the Company has designated the following e-mail ID exclusively for the purpose of registering complaints by investors. e-mail ID : investorgrievance_bbil@yahoo.co.in".

Blue Blends (I) Ltd has informed the Exchange that the 5,00,000 - 5% Non Convertible Debentures of Rs. 100/- each issued and allotted to SASF on November 08, 2005 stand as fully redeemed.

Blue Blends (I) Ltd has submitted to the Exchange a copy of the Minutes of the AGM of the members of the Company held on September 26,2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Blueblends_081106.zip target=NEW> For more details click here.</a>

Blue Blends (I) Ltd has informed the Exchange that at the Annual General Meeting of the members of the Company held on September 26, 2006, the shareholders have passed, with requisite majority, all the resolutions contained in the agenda of the meeting. The details are as under:- (i) Mr. Suraj Dugar, the retiring director, was re-appointed as Director of the Company. (ii) M/s. P.C. Surana & Co., Chartered Accountants, Mumbai were re-appointed as the Auditors of the Company. (iii) Mr. Bipin Gandhi and Mr. S. K. Tambawalla were reappointed as Directors of the Company. (iv) Consent of the shareho

Blue Blends (I) Ltd has informed the Exchange that the AGM of the members of the Company will be held on September 26,2006 to transact the business set out in the notice convening AGM.

Blue Blends (I) Ltd has informed the Exchange that the Register of Members and the Register of Transfers of Equity Shares will remain closed from September 19, 2006 to September 26, 2006 (both days inclusive) for the purpose of AGM.

Blue Blends (I) Ltd has informed the Exchange that the Board of Directors at its meeting held on July 31,2006, has authorized the Chairman and Managing Director of the Company to convene the AGM , to approve the notice thereof and to fix the date of book-closure for the purpose of AGM.

Blue Blends (I) Ltd has informed the Exchange that the Allotment Committee constituted by the Board of Directors of the Company has at its meeting held on June 27, 2006 made allotment of the following securities to IFCI Ltd. : (1) 30,00,000 (Thirty Lacs) Equity Shares of Rs.10/- each aggregating to Rs.3.00 Crores. (2) 9,90,000 (Nine Lacs Ninety Thousand ) 0.01% Redeemable Cumulative Preference Shares (RCPS) of Rs.100/- each aggregating to Rs.9.90 Crores upon roll over of the existing Preference Shares allotted to IFCI. (3) 10,00,000 (Ten Lacs) 4% Optionally Fully Convertible Debentures (OFCDs)

Blue Blends (I) Ltd has informed the Exchange that a meeting of the Allotment Committee of the Company constituted by the Board of Directors of the Company is scheduled to be held on June 27, 2006 to make allotment of the following securities to IFCI Ltd. (1) 30,00,000 (Thirty Lacs) Equity Shares of Rs.10/- each aggregating to Rs.3.00 Crores.(2) 9,90,000 (Nine Lacs Ninety Thousand ) 0.01% Redeemable cumulative Preference Shares (RCPS) of Rs.100/- each aggregating to Rs.9.90 Crores.(3) 10,00,000 (Ten Lacs) 4% Optionally Fully Convertible Debentures (OFCDs) of Rupees 100/- each aggregating to Rs

Blue Blends (I) Ltd has submitted to the Exchange a copy of the minutes of the EGM of the members of the Company held on May 30, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Blue Blends (I) Ltd has informed the Exchange that at the Extra-Ordinary General Meeting of the members of the Company held on May 30, 2006, the shareholders have passed necessary resolutions approving the following matters: (i) Issue of 30,00,000 Equity Shares of Rs. 10/- each aggregating to Rs. 3.00 crores of IFCI upon conversion of loan extended to the Company by the said lender in accordance with section 81 (3) of the Companies Act, 1956. (ii) Issue of 9,90,000 - 0.01% Redeemable Cumulative Preference Shares (RCPS) of Rs. 100/- each aggregating to Rs.9.90 crores to IFCI by way of fresh is

Blue Blends (I) Ltd has submitted to the Exchange a copy of Notice of EGM of the Members of the Company scheduled to be held on May 30, 2006. A copy of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Blue Blends (I) Ltd has informed the Exchange that the Board of directors at their meeting held on April 28,2006, has approved issue of the following securities to IFCI in terms of settlement of dues between the Company and IFCI: 1) 30,00,000 Equity Shares of Rs.10/- each at par aggregating to Rs.3,00,00,000/- on preferential allotment basis under section 81(3) of the Companies Act ,1956 by way of conversion of loan extended to the Company. 2) 10,00,000 (Ten Lacs), 4% Optionally Fully Convertible Debentures (OFCDs) of Rs.100/- each aggregating to Rs.10,00,00,000 (Rupees Ten Crores) by way of c

Blue Blends (I) Ltd has informed the Exchange that (1) Blue Blends Finance Ltd have acquired 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd. on March 31, 2006. The mode of acquisition is through purchase and interse transfer amongst the promoters, the shareholding of Blue Blends Finance Ltd after the said acquisition is 6,00,000 shares aggregating to 3.954% of the total share capital of Blue Blends (India) Ltd. (2) Blue Blends Stocks & Securities Ltd have sold 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) L

Blue Blends (I) Ltd has informed the Exchange that Blue Blends Finance Ltd have acquired 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd. on March 31, 2006. The mode of acquisition is through purchase and interse transfer amongst the promoters and the shareholding of Blue Blends Finance Ltd after the said acquisition is 6,00,000 shares aggregating to 3.954% of the total share capital of Blue Blends (India) Ltd.

Blue Blends Stocks & Securities Ltd have informed the Exchange that they have sold 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd. on March 31, 2006. The mode of sale is through purchase and interse transfer amongst the promoters and the shareholding of Blue Blends Stocks & Securities Ltd after the said sail is nil shares of Blue Blends (India) Ltd.

Blue Blends Finance Ltd has informed the Exchange that they have acquired 1,00,000 shares aggregating to 0.66% of the total share capital of Blue Blends (India) Ltd. on March 31, 2006. The mode of acquisition is through market purchase and interse transfer amongst the promoters the shareholding of Blue Blends Finance Ltd after the said acquisition is 6,00,000 shares aggregating to 3.96% of the total share capital of Blue Blends (India) Ltd.

Blue Blends (I) Ltd has informed the Exchange that :- (1) Niti Arya has sold 12,350 shares aggregating to 0.081% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Niti Arya after the said sale is Nil shares of Blue Blends (India) Ltd.. (2) Premier Equity Ltd. has sold 7,800 shares aggregating to 0.051% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Premier Equity Ltd. after the said sale is 2,13,700 shares aggregating to 1.408% of the total share capital of Blue Blends (India) Ltd. (3) Blue Blends Leasin

Premier Equity Ltd. has informed the Exchange that they have sold 7,800 shares aggregating to 0.051% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Premier Equity Ltd. after the said sale is 2,13,700 shares aggregating to 1.408% of the total share capital of Blue Blends (India) Ltd.

Blue Blends Leasing Private Limited has informed the Exchange that they have sold 2,300 shares aggregating to 0.015% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Blue Blends Leasing Pvt. Ltd. after the said sale is 14,23,951 shares aggregating to 9.384% of the total share capital of Blue Blends (India) Ltd..

Niti Arya has informed the Exchange that she has sold 12,350 shares aggregating to 0.081% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Niti Arya after the said sale is Nil shares of Blue Blends (India) Ltd..

Blue Blends Petrochemicals Ltd. has informed the Exchange that they have sold 15,290 shares aggregating to 0.100% of the total share capital of Blue Blends (India) Ltd. on March 29, 2006. The shareholding of Blue Blends Petrochemicals Ltd. after the said sale is 4,30,273 shares aggregating to 2.835% of the total share capital of Blue Blends (India) Ltd.

Bindal Synthetics Private Limited has informed the Exchange that they has sold 4,43,580 shares aggregating to 2.923% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of sale is through Sale of Shares and the shareholding of Bindal Synthetics Private Limited after the said sale is 20,14,471 shares aggregating to 13.275% of the total share capital of Blue Blends (India) Ltd.

Anad Arya has informed the Exchange regarding the acquisiton and sale of shares of Blue Blends (India) Ltd. as follows :- (1) Anand Arya has acquired 4,49,330 shares aggregating to 2.961% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of acquisition is through Purchase and inter se transfer amongst the promoters and the shareholding of Anand Arya after the said acquisition is 5,71,835 shares aggregating to 3.768% of the total share capital of Blue Blends (India) Ltd.. (2) Anand Arya has sold 2,00,000 shares of Blue Blends (India) Ltd. on March 27, 2006. The

Blue Blends Finance Limited has informed the Exchange that they have acquired 1,00,000 shares aggregating to 0.66% of the total paid up capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of acquisition is through Purchase and inter se transfer amongst the promoters and the shareholding of Blue Blends Finance Limited after the said acquisition is 5,00,000 shares aggregating to 3.30% of the total share capital of Blue Blends (India) Ltd..

Indu Arya has informed the Exchange that she has acquired 9,95,470 shares aggregating to 6.560% of the total paid up capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of acquisition is through Purchase and inter se transfer amongst the promoters and the shareholding of Indu Arya after the said acquisition is 11,06,890 shares aggregating to 7.294% of the total paid up capital of Blue Blends (India) Ltd..

Blue Blends (I) Ltd has informed the Exchange that :- (1) Indu Arya has acquired 9,95,470 shares aggregating to 6.560% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of acquisition is through Purchase and inter se transfer amongst the promoters and the shareholding of Indu Arya after the said acquisition is 11,06,890 shares aggregating to 7.294% of the total share capital of Blue Blends (India) Ltd.. (2) Blue Blends Finance Limited has acquired 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The

(6) Blue Blends Petrochemicals Ltd. has sold 5,05,627 shares aggregating to 3.332% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The shareholding of Blue Blends Petrochemicals Ltd. after the said sale is 4,45,563 shares aggregating to 2.936% of the total share capital of Blue Blends (India) Ltd. (7) Bindal Synthetics Pvt. Ltd. has sold 4,43,580 shares aggregating to 2.923% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The shareholding of Bindal Synthetics Pvt. Ltd. after the said sale is 20,14,471 shares aggregating to 13.275% of the tota

(11) Blue Blends Leasing Ltd. has sold 4,89,843 shares aggregating to 3.228% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of sale is through Sale of Shares and the shareholding of Blue Blends Leasing Ltd. after the said sale is 14,26,251 shares aggregating to 9.399% of the total share capital of Blue Blends (India) Ltd.. *Upon inter se transfer amongst the promoters / sale of 505627 Equity Shares of Rs.10/- each on March 28, 2006 the present shareholding of Blue Blends Petrochemicals Ltd. is 445563 which is 2.94% of the Company's Equity Capital.

Niti Arya has informed the Exchange that she has sold 44,167 shares aggregating to 0.291% of the total share capital of Blue Blends (India) Ltd. on March 27, 2006. The shareholding of Niti Arya after the said sale is 12,350 shares aggregating to 0.081% of the total share capital of Blue Blends (India) Ltd..

Blue Blends Leasing Private Limited has informed the Exchange that they have sold 4,89,843 shares aggregating to 3.228% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The shareholding of Blue Blends Leasing Private Ltd. after the said sale is 14,26,251 shares aggregating to 9.399% of the total share capital of Blue Blends (India) Ltd..

Blue Blends Stocks & Securities Ltd. has informed the Exchange that they have sold 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The shareholding of Blue Blends Stocks & Securities Ltd. after the said sale is 1,00,000 shares aggregating to 0.659% of the total share capital of Blue Blends (India) Ltd..

Blue Blends Petrochemicals Ltd. has informed the Exchange that :- (1) Blue Blends Petrochemicals Ltd. has acquired 2,44,167 shares aggregating to 1.609% of the total paid - up capital of Blue Blends (India) Ltd. on March 27, 2006. The mode of acquisition is through Purchase and inter se transfer amongst the promoters and the shareholding of Blue Blends Petrochemicals Ltd. after the said acquisition is 9,51,190 shares aggregating to 6.268% of the total share capital of Blue Blends (India) Ltd. (2) Blue Blends Petrochemicals Ltd. has sold 5,05,627 shares aggregating to 3.332% of the total share

Premier Equity Ltd. has informed the Exchange that they have sold 5,750 shares aggregating to 0.037% of the total share capital of Blue Blends (India) Ltd. on March 28, 2006. The mode of sale is through Sale of Shares and the shareholding of Premier Equity Ltd. after the said sale is 2,21,500 shares aggregating to 1.459% of the total share capital of Blue Blends (India) Ltd.

Blue Blends (I) Ltd has informed the Exchange that the BODs of the Company has appointed Mr. Bipin Gandhi and Mr. S. K. Tambawalla as Additional Directors of the Company with effect from October 31, 2005. Mr. Ajeet Yadav has ceased to be a director of the Company with effect from October 31, 2005.

Blue Blends (I) Ltd has submitted to the Exchange a copy of Minutes of the AGM of the members of the Company held on September 06, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Blue Blends (I) Ltd has informed the Exchange that Stressed Assets Stabilization Fund has acquired 40,00,000 shares aggregating to 35.80% of the total paid up capital of Blue Blends (India) Ltd. The date of acquisition is September 24, 2005 and the mode of acquisition is conversion of interest and principal dues. The shareholding of Stressed Assets Stabilization Fund after the said acquisition is 40,00,000 shares aggregating to 26.36% of the total paid up capital of Blue Blends (India) Ltd.

Stressed Assets Stabilization Fund has informed the Exchange that they have acquired 40,00,000 shares aggregating to 35.80% of the total paid up capital of Blue Blends (India) Ltd. The date of acquisition is September 24, 2005 and the mode of acquisition is conversion of interest and principal dues. The shareholding of Stressed Assets Stabilization Fund after the said acquisition is 40,00,000 shares aggregating to 26.36% of the total paid up capital of Blue Blends (India) Ltd.

Blue Blends (I) Ltd has informed the Exchange that pursuant to the Negotiated Settlement between the Company and Stressed Assets Stabilization Fund (SASF) and resolution passed by the Shareholders of the Company on September 06, 2005 under section 81 (3) and all other applicable provisions, if any, of the Companies Act, 1956, the allotment committee constituted by the Board of Directors of the Company has, on September 08, 2005, allotted the following Securities to SASF upon conversion of various loans extended to the Company by IDBI. 1) 40,00,000 Equity Shares of Rupees 10/- (Rupees Ten) each

Blue Blends (I) Ltd has informed the Exchange that at the AGM of the Company held on September 06, 2005, the shareholders have passed, with requisite majority, all the resolutions contained in the Agenda of the meeting. The details is as under: (1) Mr. Ajeet Yadav and Mr. K.S. Varadhan, the retiring directors, were re-appointed as Directors of the Company. M/s. P.C. Surana & Co., Chartered Accountants, Mumbai were re-appointed as the Auditors of the Company. (2) The authorized share capital of the company was re-classified / altered so that after reclassification the Authorized Share Capital o

Blue Blends (I) Ltd has submitted to the Exchange a copy of Notice of AGM of the members of the Company scheduled to be held on September 06, 2005. A copy of Notice od AGM shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Blue Blends (I) Ltd has informed the Exchange that the Company has received intimation stating that Mr. Suraj Dugar, Director of the Company and his relatives have sold the following shares in the off market trade on July 13, 2005: 1) Suraj Dugar - No. of shares- 12954 ; 2) Kamal Dugar - No. of shares- 1064; 3) Lalita Dugar - No. of shares- 150.

Blue Blends (I) Ltd has informed the Exchange that the Register of Members and the Register of Transfer of Equity Shares will remain closed from August 30, 2005 to September 06, 2005 (both days inclusive) for the purpose of AGM.

Blue Blends (I) Ltd has informed the Exchange that the BODs of the Company at their meeting held on July 13,2005 : 1.Has not recommended any dividend on Equity Shares of Preference Shares. 2. The board has also decided to alter and reclassify the Authorized Share Capital of the Company by cancellation of Seven Lacs Cumulative Redeemable Preference Shares of Rs.100/- each aggregating to Rupees Seven Crores and by creation of Seventy Lacs Equity Shares of Rs.10/- each aggregating to Rupees Seven Crores. After reclassification as aforesaid the Authorized Share Capital of the Company shall remain

Blue Blends (I) Ltd has informed the Exchange that the BOD's at its meeting held on April 30, 2005, approved increase in the remuneration and re-appointment of Mr. Anand Arya as Managing Director of the Company for a period of five years w.e.f. April 01, 2005 which is subject to the approval of the shareholders of the Company and the Central Government. The Company has further informed that Mr. Dileep Kumar Jain (IFCI Nominee) has been appointed as a Nominee Director on the BOD's of the Company w.e.f. April 30, 2005 in place of Mr. S. K. Singhai. Mr. D. K. Jain was also inducted as member of A