Blue Blends India Ltd allots 1183800 shares

Blue Blends (India) Ltd has issued and allotted 11,83,800 Equity shares of Rs. 10/- each for cash at a price of Rs. 72/- each (including premium of Rs. 12/- each) through preferential issue as approved by the shareholders in the Extra Ordinary General Meeting held on February 13, 2016.

As required under regulation 32 of SEBI (LODR) Regulations, 2015, the Company state that there has been no deviation or variation in the utilization of issue proceeds and the entire fund raised from the above said has been utilized for the purposes for which they were raised.

Shares of BLUE BLENDS (INDIA) LTD. was last trading in BSE at Rs.52.1 as compared to the previous close of Rs. 52.3. The total number of shares traded during the day was 16881 in over 136 trades.

The stock hit an intraday high of Rs. 56 and intraday low of 48.5. The net turnover during the day was Rs. 895347.

Source : Equity Bulls

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