Bloom Dekor Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve audited financial results of the ....
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Bloom Dekor Limited has informed BSE that its Board of Directors will meet on May 29, 2025 to consider and approve the audited financial results for the quarter and year ended March 31, 2025. The trading window for insiders has been closed since April 1, 2025. Importantly, the company is currently under CIRP (Corporate Insolvency Resolution Process), with the Managing Director suspended and a Resolution Professional (CA Vineeta Maheshwari) overseeing the process. The letter is signed by both the Suspended Managing Director and the RP.
The audited FY25 results will be the first set of financials released under CIRP proceedings and may reflect significant stress. Shareholders should watch closely, as outcomes from insolvency resolution can materially affect equity value.