Key Quantitative Figures
- Security creation for Non-Convertible Debentures (NCDs) aggregating ₹113,00,00,000 (Rupees One Hundred Thirteen Crores Only)
- Pledge of 09.40% (Nine Point Four Zero Percent) of equity shares of Shivom Minerals Limited held by the Company
- 11,300 unlisted, unrated, secured, redeemable NCDs of face value ₹1,00,000 each
Dates of Action
- Board Meeting Date: November 4, 2026
- Meeting Time: 4:30 PM to 6:00 PM (IST)
- EGM Date: Monday, November 30, 2026
- EGM Time: 12:30 P.M.
- E-voting Cut-off Date: November 23, 2026
- Remote E-voting Period: November 27, 2026 (9:00 A.M.) to November 29, 2026 (5:00 P.M.)
- Disclosure Submission Time: 12:55 P.M. on November 4, 2026
Parties Involved
- Listed Entity: Bloom Industries Limited (CIN: L272000R1989PLC036629)
- Entity for whom security is created: Shivom Minerals Limited
- Scrutinizer: S.K. Jain & Co., Practicing Company Secretaries
- Debenture Trustee: Catalyst Trusteeship Limited
- Director Signing: Vikash Gupta (DIN: 01326705)
Purpose and Rationale
The security interest/charge is being created to secure the private placement of NCDs issued by Shivom Minerals Limited. The EGM is being convened to seek shareholder approval for material corporate actions (though specific actions are not detailed in this disclosure).
Financial and Operational Impact
The Company explicitly states: "No material adverse impact on the operational revenues of the Company. The risk is limited to the value of the pledged asset."
Meeting Details
The separate board meeting was held after the earlier board meeting that approved Standalone Financial Results. The meeting was conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The EGM will also be conducted through the same mode.
Additional Information
- Company Registered Office: Plot No. P-25, Civil Township, Rourkela, Dist.: Sundargarh, Odisha, Pin: 769004
- The disclosure is being uploaded on both company website (www.bloom-industries.com) and BSE website (www.bseindia.com)