Announced Sat, 25 Jul · 17:59 IST
Board approves increase in authorized share capital post NCLT resolution plan
Corporate Actions View source PDF
Price
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AI summary
Bloom Dekor Limited's Board has approved increasing authorized share capital from Rs. 10 crore to Rs. 15.20 crore (1 crore to 1.52 crore equity shares of Rs. 10 each). The move follows an NCLT order dated June 18, 2026, approving a Resolution Plan under the Insolvency and Bankruptcy Code. No separate shareholder approval is required for this change.
Likely market impact
Authorized capital raised after NCLT resolution plan approval to enable restructuring. No immediate dilution, but paves way for share issuance under the plan.