BSEBloom Dekor Ltd-$HighNeutral
Announced Fri, 7 Aug, 2026 · 16:47 IST
Bloom Dekor implements NCLT-approved resolution plan, allots new shares
Price reaction
Awaiting price reaction for this filing.
AI summary
Bloom Dekor implements its NCLT-approved resolution plan from June 18, 2026. Old promoters reclassified to public category. Equity capital cut from 68.5 lakh to 29,007 shares via 250:1 consolidation. New promoter Karan Singh Wilkhoo allotted 1.11 crore shares (30 lakh fresh plus 81.38 lakh via debt conversion). Strategic investors get 40 lakh shares. Post-allotment capital stands at 1.52 crore shares of Rs 10.
Likely market impact
Massive share consolidation heavily dilutes existing holders. New promoter takes control under insolvency resolution. Old promoters lose promoter tag.