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BLB
BSE: 532290NSE: BLBLIMITEDISIN: INE791A01024

30th-Aug-2019 10:20Source: NSE

BLB Limited

BLBLIMITED: The Exchange had sought clarification from BLB Limited with respect to announcement dated 13-Aug-2019, regarding merger/ amalgamation of Manu Properties Pvt. Limited with the Company. On basis of above the Company was required to clarify following: 1. Brief details of change in shareholding pattern (if any) of listed entity. 2. In case of cash consideration amount or otherwise share entitlement/exchange ratio; 3. Rationale for amalgamation/ merger; 4. Area of business of the entity (ies); 5. Whether the transaction would fall within related party transactions? If yes, whether the same is done at "arm''s length"; 6. Name of the entity (ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc. The response of the Company is attached.

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