Bloom Dekor Ltd Increases Authorized Share Capital Following NCLT Order
Bloom Dekor Ltd has approved a significant increase in its authorized share capital, amending Clause V of its Memorandum of Association during a Board meeting held on July 25, 2026. The alteration was made following an order issued by the National Company Law Tribunal (NCLT).The company's Board of Directors decided to enhance its authorized share capital from Rs. 10,00,00,000/- (Rupees Ten Crore Only) to Rs. 15,20,00,000/-, allowing for a corresponding increase in equity shares. This change constitutes an alteration to Clause V of the Memorandum of Association of Bloom Dekor Ltd.
The Board meeting addressed the proposed increase in authorized share capital and its consequential amendment to the company’s foundational documents. The proposed structure involves increasing the number of equity shares while maintaining the par value at Rs. 10/- each.
Key details regarding the change in Authorized Share Capital are presented below:
| Particular | Previous Authorized Capital Details | New Authorized Capital Details |
|---|---|---|
| Authorized Share Capital Amount | Rupees 10,00,00,000/- (Rupees Ten Crore Only) | Rupees 15,20,00,000/- (Rupees Fifteen Crore Twenty Lakhs Only) |
| Equity Shares | 1,00,00,000 (One Crore) | 1,52,00,000 (One Crore Fifty-Two Lakhs) |
| Par Value per Share | Rs. 10/- (Rupees Ten) each | Rs. 10/- (Rupees Ten) each |
The decision to increase the authorized share capital and amend Clause V of the Memorandum of Association is based on an order dated June 18, 2026, passed by the National Company Law Tribunal (NCLT), Ahmedabad Bench. This order approved a Resolution Plan under the provisions of the Insolvency and Bankruptcy Code, 2016, along with its applicable terms and conditions.
The proposed Clause 5 of the Memorandum of Association following this increase stipulates that the Authorized Share Capital of the company is Rupees 15,20,00,000/- (Rupees Fifteen Crore Twenty Lakhs Only) divided into 1,52,00,000 (One Crore Fifty-Two Lakhs) Equity Shares of Rs. 10/- each.
Stock Price Movement
Shares of Bloom Dekor Ltd settled at ₹7.01 in post-market trading after declining 2.09% on Friday. The stock remained completely locked at this price point, never moving outside the narrow intraday range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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