Bloom Dekor reshuffles board post CIRP: new MD and CFO appointed, founder moves to Non-Executive role
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Bloom Dekor's Monitoring Committee (post CIRP) approved major board changes on July 16, 2026. Founder Dr. Sunil Gupta, previously Suspended Managing Director, was redesignated as Non-Executive Director. Karan Singh Wilkhoo was appointed Managing Director, Krupa Limbachiya as Women Executive Director, and Hardik Shah (Chartered Accountant) as Executive Director and CFO. Non-Executive Director Rupal Sunil Gupta and Executive Director Falguni Shah ceased, while Independent Director Mayur Parikh's tenure ended.
Board fully reset post insolvency process. New MD and CFO take charge while founder steps back to a non-executive role, signaling a clean governance overhaul.