Bloom Dekor Limited held its 22nd Committee of Creditors (CoC) meeting on March 19, 2026, marking significant progress in the company's Corporate Insolvency Resolution Process (CIRP). The meeting addressed several critical matters related to the ongoing insolvency proceedings under the Insolvency and Bankruptcy Code, 2016.

Resolution Plan Submission and Timeline Extension

The CoC members were informed about the extension of the submission deadline for revised resolution plans to March 16, 2026. This extension was subject to approval of an Interlocutory Application for exclusion and extension of the CIRP period to be filed before the Hon'ble NCLT.

The resolution plan was presented to CoC members after being opened in their presence, with financial proposals duly presented for consideration.

Legal Proceedings and CIRP Extension

The committee was updated on the filing of an application before the Hon'ble Adjudicating Authority on March 16, 2026. This application seeks exclusion of the litigation period pending before Hon'ble NCLAT until the disposal order dated January 13, 2026, and requests a further 120-day extension of the CIRP period to enable completion of the process in accordance with statutory provisions.

Key Resolutions Approved

All resolutions were approved with 100% majority by the CoC members, demonstrating unanimous support for the proposed actions:

Financial and Administrative Decisions

The CoC authorized the Resolution Professional to refund the Earnest Money Deposit amounting to Rs. 60,00,000/- (Rupees Sixty Lakh only) to Mishtann Foods Limited, following their withdrawal from the resolution process. This refund reflects the procedural requirements when resolution applicants exit the process.

Additionally, the committee approved conducting due diligence of the Resolution Applicant to determine eligibility under Section 29A of the Code. The Resolution Professional was authorized to obtain quotations from professionals for conducting such due diligence, ensuring full compliance with statutory requirements.

Internal Audit Appointment

B. T. Vora & Co., Chartered Accountants, were appointed as Internal Auditors for FY 2025-26 at a professional fee of Rs. 60,000/- plus GST. This appointment aligns with the applicable provisions of the Companies Act, 2013, with the fees considered as part of CIRP costs.

The meeting outcomes were signed by Resolution Professional CA IP Vineeta Maheshwari, following the resignation of CS Tushar Dineshbhai Donda from the position of Senior Company Secretary and Compliance Officer effective November 19, 2024.

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.