Bloom Dekor Approves Equity Allotment Post NCLT Resolution Plan

Bloom Dekor Ltd's Board of Directors met on August 07, 2026, to approve the allotment of equity shares as per the resolution plan sanctioned by the Hon'ble National Company Law Tribunal (NCLT) on June 18, 2026. The meeting also saw the reclassification of several individuals and entities from Promoter/Promoter Group to Public category. Furthermore, the company approved a reduction and reorganisation of its equity share capital. Shareholders holding over 250 shares will receive 1 new share for every 250 held, while those with 250 or fewer shares will receive 1 new share. The company also approved the allotment of 3,000,000 shares to Mr. Karan Singh Surjit Singh Wilkhoo (New Promoter) and 8,137,774 shares via debt-to-equity conversion to the same individual. Additionally, 4,000,000 shares were allotted to strategic investors.