Bloom Dekor Limited has announced the scheduling of a board meeting on May 25, 2026, in compliance with Regulation 29, to consider the company's financial results for the fourth quarter of FY26 (Q4 FY26).

Board Meeting Details

The following key details have been disclosed regarding the upcoming board meeting:

Regulatory Compliance

The intimation has been issued in accordance with Regulation 29, which mandates listed companies to notify stock exchanges in advance of board meetings where financial results are to be considered. This ensures timely and transparent communication with investors and market participants regarding material corporate developments.

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.