Bloom Dekor raises authorized share capital to Rs 15.20 cr under IBC plan
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On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.4 pts more than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bloom Dekor's board approved raising authorized share capital from Rs 10 crore to Rs 15.20 crore, creating room for 52 lakh additional equity shares of Rs 10 each. The change follows an NCLT Ahmedabad order dated June 18, 2026 approving a Resolution Plan under the Insolvency and Bankruptcy Code. No separate shareholder approval is needed. This step prepares the company to issue new shares, likely to resolution applicants or creditors, which may dilute existing shareholders.
Preparatory step for share issuance under IBC resolution plan. Likely dilution for existing shareholders; no new shares issued yet.