Bloom Dekor Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), convened its 23rd Committee of Creditors (CoC) meeting on Tuesday, 21st April, 2026. The meeting addressed several material agenda items as required under the Insolvency and Bankruptcy Code, 2016, with key resolutions passed by 100% majority. The outcome was disclosed to BSE Limited on 30th April, 2026, under Regulation 30(2) read with sub-clause 16(g) of Para-A of Part-A of Schedule III of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Liquidation Deferred as Last Resort

During the meeting, CoC members discussed the matter of liquidation and collectively agreed that it shall be considered only as a last resort. The members expressed their inclination towards approval of the resolution plan. However, it was noted that in the event of any future uncertainty, or if the Hon'ble NCLT does not approve the resolution plan, the Corporate Debtor shall proceed towards liquidation. Upon deliberation, the CoC members recommended that consideration of this agenda item be deferred for future action, and the Chairperson took note of the same.

Key Resolutions Passed by 100% Majority

The following resolutions were approved and ratified unanimously by the CoC during the 23rd meeting:

• Evaluation Matrix Approved: The evaluation matrix for the resolution plan submitted by Dr. Sunil Gupta and Mr. Karan Singh Wilkhoo was approved and ratified.
• Final Resolution Plan Approved: The final resolution plan dated 23.04.2026, submitted by Dr. Sunil Gupta and Mr. Karan Singh Wilkhoo, was approved, and they were declared as the Successful Resolution Applicants.
• Resolution Professional Authorised: The Resolution Professional of Bloom Dekor Limited was authorised to take all necessary actions and filings in accordance with the provisions of the IBC pursuant to approval of the resolution plan.
• Designation Change Ratified: The change in designation of Mrs. Falguni Rajanbhai Shah from Chief Financial Officer to Chief Financial Officer & Additional (Executive Director), as approved in the Board Meeting held on 21.03.2026, was formally ratified.

CIRP Costs Ratified

The CoC also ratified several expenses to be treated as CIRP costs. The following table summarises the key financial approvals made during the meeting:

All the above expenses were approved and ratified to be treated as part of the Corporate Insolvency Resolution Process costs.

Compliance and Signatory Note

The outcome of the 23rd CoC meeting was signed by the Resolution Professional, CA IP Vineeta Maheshwari (IBBI Registration No.: IBBI/IPA-001/IP-P00185/2017-18/10364, AFA valid upto 30.06.2027). This was necessitated as CS Tushar Dineshbhai Donda resigned from the position of Senior Company Secretary and Compliance Officer of Bloom Dekor Limited-In CIRP with effect from 19th November, 2024. The disclosure was submitted to BSE Limited in accordance with applicable listing regulations.

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.