Bloom Dekor Limited announced significant organizational changes following its Board of Directors meeting held on March 21, 2026. The meeting, which commenced at 04:00 P.M. and concluded at 04:25 P.M., resulted in key appointments and a strategic designation change for the financial year 2025-26.

Key Board Decisions

The board made three major decisions during the meeting, focusing on strengthening the company's audit framework and executive leadership structure.

Secretarial Auditor Appointment

M/s. ALAP & Co. LLP has been appointed as the Secretarial Auditor for issuing the Secretarial Audit Report for F.Y. 2025-26. The firm, led by Mr. Anand Lavingia and Ms. Ankita Patel, is a professional services firm specializing in comprehensive solutions for secretarial and legal requirements of businesses.

The firm brings extensive expertise in:

• Corporate Laws and Governance
• Listings and Capital Markets
• Legal matters and Corporate Restructuring
• Regulatory Licensing

With a team of highly experienced professionals, ALAP & Co. LLP has established itself as a trusted partner for businesses across various industries, focusing on delivering exceptional service and building long-term client relationships.

Internal Auditor Selection

M/s. B. T. Vora & Co., Chartered Accountants, has been appointed as the Internal Auditor for the financial year 2025-26. The firm, established in November 1971, operates from Ahmedabad with partners Shri Bharat T. Vora and Shri Chirag A. Sheth.

The firm has extensive audit experience including statutory audits of manufacturing and trading companies, tax audits of partnership firms, and statutory bank branch audits across multiple financial institutions.

Executive Leadership Enhancement

The board approved the designation change of Mrs. Falguni Rajanbhai Shah from Chief Financial Officer to Chief Financial Officer and Additional (Executive Director). This appointment reflects the company's confidence in her leadership capabilities and strategic vision.

Mrs. Shah's expanded role combines her existing financial oversight responsibilities with additional executive director duties, positioning her to contribute more significantly to the company's strategic direction and operational management.

Regulatory Compliance

All appointments and changes have been made in compliance with Regulation 30 of SEBI Listing Regulations and SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has provided comprehensive details and profiles of all appointees as required by regulatory guidelines.

These strategic appointments demonstrate Bloom Dekor Limited's commitment to maintaining robust governance standards and strengthening its leadership team for the upcoming financial year.

Bloom Dekor Limited's Committee of Creditors convened its 21st meeting on March 11, 2026, during the ongoing Corporate Insolvency Resolution Process, where several critical resolutions were unanimously approved to facilitate the continuation of insolvency proceedings.

CIRP Extension and Legal Proceedings

The Committee of Creditors approved the Resolution Professional to file an Interlocutory Application before the Adjudicating Authority seeking exclusion of litigation period pending before the NCLAT until disposal of the order dated January 13, 2026. The application will also request a 120-day extension of the CIRP period along with condonation of delay.

Resolution Plan Timeline Extension

The COC approved and ratified the extension granted to Resolution Applicants for submission of revised Resolution Plans until March 16, 2026. This extension remains subject to the approval of the Interlocutory Application for exclusion and extension of the CIRP period to be filed before the NCLT.

Operational and Administrative Expenses

The committee ratified several operational expenses essential for maintaining the corporate debtor as a going concern during the insolvency process.

The gratuity payment was specifically allocated for obtaining renewal premium quotation and ensuring employee gratuity coverage of the Corporate Debtor. All approved expenses will form part of the Corporate Insolvency Resolution Process costs.

Additional Approvals

The COC also ratified the payment of Head Office property tax along with applicable interest and penalty, and approved mortgage release expenses in favor of Sampati Securities Limited. These expenses will similarly be classified under CIRP costs.

Administrative Note

The outcome was signed by the Resolution Professional CA IP Vinceta Maheshwari, as CS Tushar Dineshbhai Donda resigned from his position as Senior Company Secretary and Compliance Officer effective November 19, 2024. The Resolution Professional holds IBBI Registration No. IBBI/IPA-001/IP-P00185/2017-18/10364 with AFA validity until June 30, 2027.