Blue Blends Finance’s promoters are planning to sell part of their shareholding in the open market in the near future. This is to comply with holding requirements of the Promoters as per Securities Exchange Board of India (SEBI) Guidelines.
In August 2010, capital market regulator SEBI had directed 193 listed companies to reach a minimum public shareholding of 25% by June 2013.
Blue Blend Finance, a part of Arya group was incorporated as a subsidiary of Blue Blend India. The company is mainly engaged in leasing, hire Purchase, Auto Financing, & Merchant Banking.
