StockWatch
·
Plastic Products - Industrial
Promoter Reclassification7 Aug 2026, 04:54 pm

Bloom Dekor Approves Promoter Reclassification and Resolution Plan

AI Summary

Bloom Dekor Ltd's Board of Directors has approved the reclassification of existing promoters and promoter group entities to the public category, in line with SEBI (LODR) Regulations, 2015 and an approved Resolution Plan. This follows the National Company Law Tribunal's (NCLT) approval of the Resolution Plan on June 18, 2026. The company also approved a reduction and reorganisation of its equity share capital as per the Resolution Plan. Additionally, the Board approved the allotment of equity shares to the new promoter, Mr. Karan Singh Surjit Singh Wilkhoo, and strategic investors, increasing the company's issued, subscribed, and paid-up capital to 15,166,781 equity shares of ₹10 each.

Key Highlights

  • Promoters and promoter group reclassified to public category.
  • Equity share capital reduced and reorganised as per NCLT-approved Resolution Plan.
  • New promoter and strategic investors allotted significant equity.
  • Company's paid-up capital increased post-allotment and capital reduction.