Bloom Dekor Board Approves Promoter Reclassification and Share Capital Reduction

Bloom Dekor Ltd's Board of Directors met on August 7, 2026, approving the reclassification of several promoters and promoter group individuals to the public category, as per SEBI regulations and an NCLT-approved resolution plan. The board also sanctioned a reduction and reorganization of equity share capital. Shareholders holding over 250 shares will see a reduction ratio of 250:1, while those with 250 or fewer shares will receive one share. The company also approved the allotment of equity shares to a new promoter and strategic investors as part of the resolution plan funding and debt conversion.