Blue Blends India has informed that the Board of Directors of the Company at its meeting held on August 24, 2013, has considered and approved the allotment of 12,35,000 equity shares on preferential basis to Edelweiss Asset Reconstruction Company Limited pursuant to conversion of 9,26,250 5 percent Optionally Convertible Redeemable Cumulative Preference Shares.
The above information is a part of company’s filings submitted to BSE.