
Board Meeting25 Jul 2026, 06:10 pm
Bloom Dekor Increases Authorized Share Capital by ₹5.2 Cr
AI Summary
Bloom Dekor Ltd announced an increase in its authorized share capital from ₹10 crore to ₹15.2 crore. This move, approved by the Board of Directors on July 25, 2026, involves increasing the number of equity shares from 1 crore to 1.52 crore, each with a face value of ₹10. The alteration to Clause V of the Memorandum of Association is a consequence of an order passed by the National Company Law Tribunal (NCLT), Ahmedabad Bench, on June 18, 2026. This order approved a Resolution Plan under the Insolvency and Bankruptcy Code, 2016. No separate shareholder approval is required for this capital increase.
Key Highlights
- Authorized share capital increased by ₹5.2 crore.
- Total authorized capital now stands at ₹15.2 crore.
- Increase follows NCLT approval of a Resolution Plan.
- No additional shareholder approval needed for the capital hike.
Price Impact
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