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Blue Blends India Ltd
2nd floor, JBF House
Old Post Office Lane,Kalbadevi Road
Phone: +91 2222088736p:+91 2222088736 MUMBAI, 400002  India Ticker: BLUEBLENDSBLUEBLENDS
On 12/2/2021, Sarla Performance Fibres Limited (“Operational Creditor”) filed a petition seeking to initiate Corporate Insolvency Resolution Process (CIRP) against Blue Blends (India) Ltd.
On 12/8/2021, it was announced that The National Company Law Tribunal (NCLT) Mumbai Bench, allowed the commencement of Debt Resolution Process of Blue Blends (India) Ltd under the Insolvency and Bankruptcy rules.
Vinit Gangwal was appointed as the Interim Resolution Professional to carry out the functions under the Insolvency & Bankruptcy Code, 2016.
Business Summary
Blue Blends India Limited is engaged in the business of dealings and manufacturing of denim fabrics. The Company offers denim wear for men, women and kids. The Company manufactures various types of denim fabrics, including classic, silky, fancy, structured, mercerized, mercerized lycra, poly stretch, silky stretch, 100% cotton and 100% cotton lycra. The Company supplies its products to a select clientele spread over India, Spain, Portugal, Greece, Italy, Turkey, Israel, the United States, Bangladesh, Guatemala, Columbia, Venezuela and other Central American countries. The Company's manufacturing unit at Ahmedabad has a composite denim mill with installed production capacity of 18 million meters per annum (MMPA). The Company has a plant for producing Denim fabrics based on slasher dyeing technology and air-jet weaving machines. Bindal Synthetics Private Limited is the subsidiary of the Company.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20213/31/2021Yes----

Industries
SIC Code Description
2211 Broadwoven fabric mills, cotton

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Anand C.Arya 2/19/1981 2/16/1981
Chief Financial Officer NirmalSirohiya 8/11/2016 8/11/2016
Compliance Officer, Company Secretary Chintan B.Doshi 6/22/2019 6/22/2019
4 additional Officers and Directors records available in full report.

Business Names
Business Name
502761
700005
700006
700018
BLUEBLENDS

General Information
Outstanding Shares: 21,651,213 (As of 6/30/2021)
Stock Exchange: NSE
Fax Number: +91 2222080470


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Wednesday, April 10, 2024