Blue Blends India Ltd allots 280000 shares

The Allotment Committee of Board of Directors of Blue Blends India Ltd at their Meeting held on May 17, 2016 has allotted 2,80,000 Equity shares of Rs. 10/- (Rupee Ten Only) at a price of Rs. 72/- (Rupees Seventy Two Only) per equity share (including a premium of Rs. 62/- per Equity share) on preferential basis to the Non-Promoter.

Pursuant to the above allotment of Equity shares, the paid-up equity share capital of the Company stands increased to Rs. 20,59,27,880/- (Rupees Twenty Crores Fifty Nine Lacs Twenty Seven Thousand Eight Hundred and Eighty only).

Shares of BLUE BLENDS (INDIA) LTD. was last trading in BSE at Rs.83.25 as compared to the previous close of Rs. 85.25. The total number of shares traded during the day was 10408 in over 61 trades.

The stock hit an intraday high of Rs. 86.6 and intraday low of 83. The net turnover during the day was Rs. 873022.

Source : Equity Bulls

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