
Bloom Dekor Withdraws Promoter Reclassification Application
Bloom Dekor Ltd has withdrawn its application for the reclassification of its existing promoter and promoter group as public shareholders. This withdrawal is in accordance with Regulation 31A(9) of the SEBI (LODR) Regulations, 2015. The company cited the approval of a Resolution Plan by the Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench, on June 18, 2026, as the basis for this action. As per the approved Resolution Plan, the erstwhile promoter and promoter group no longer exercise control over the company, making the reclassification fall under the exemption provided by Regulation 31A(9). The company had previously informed the stock exchange about the NCLT's approval on June 19, 2026.
Key Highlights
- Bloom Dekor withdraws promoter reclassification application.
- Action is under SEBI LODR Regulation 31A(9) exemption.
- Withdrawal follows NCLT-approved Resolution Plan.
- Promoter group no longer exercises control over the company.
Price Impact
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