BSEBloom Dekor Ltd-$HighNeutral
Announced Wed, 18 Mar · 17:10 IST

Outcome of 21st Committe of Creditors (COC) Meeting of Bloom Dekor Limited

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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▲ 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
-7.5%1-day move
₹12.40
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AI summary

Bloom Dekor Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), held its 21st Committee of Creditors meeting on March 11, 2026. The CoC approved filing an application before NCLT seeking a 120-day extension of the CIRP period and exclusion of the litigation period pending at NCLAT. Resolution Applicants were also granted an extension till March 16, 2026 to submit their revised resolution plans. Various routine payments were ratified, including head office property tax, Rs. 17,491 towards gratuity, mortgage release expenses for Sampati Securities, and going-concern expenses of Rs. 83.39 lakhs. The filing was signed by the Resolution Professional, CA Vineeta Maheshwari, as the Company Secretary had resigned in November 2024.

Likely market impact

The insolvency process is being extended by another 120 days, delaying any potential resolution or recovery for shareholders. The need for an extension signals that no resolution plan has been finalised yet, keeping equity holders in continued uncertainty about recovery prospects.