Announced Fri, 19 Jun · 14:58 IST
NCLT approves Bloom Dekor Resolution Plan under IBC
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹9.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.4+5.3—+5.6+10.3——-20.4——
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AI summary
NCLT Ahmedabad approved Bloom Dekor's Resolution Plan on June 18, 2026 under IBC. Plan by Dr. Sunil Gupta and Mr. Karan Singh Wilkhoo was approved by CoC with 100% voting. Total claims of about Rs 20.85 crore, plan value about Rs 4.33 crore plus CIRP costs and up to Rs 4 crore working capital. Share capital to be restructured, debt of about Rs 8.13 crore converts to equity. Existing promoters will lose control. 90-day implementation timeline.
Likely market impact
Major share restructuring, equity dilution, and change of control. Existing promoters lose control. Company stays listed on BSE with 90-day implementation.