Bonlon Industries Ltd

Rights Issue meeting update

• Meeting scheduled Aug 20, 2026 canceled due to pending In-Principle Approval from stock exchange.
• Record date, issue price, entitlement ratio, and other terms to be considered after approval.
• Board approved rights issue terms on Aug 14, 2026.
• Fresh meeting will be convened upon receipt of In-Principle Approval.
• Company awaiting stock exchange signal to proceed with rights issue.

Meeting Details

• Rights Issue Committee meeting scheduled for August 20, 2026; time and venue not disclosed.

Key Agenda Items

• Determine rights issue price and terms; entitlement ratio, payment mechanism, and record date.
• Decide timing of Rights Issue and related conditions.
• Confirm the Rights Issue amount up to Rs 49.75 crore.
• Record date and eligibility criteria for shareholders.

Other Notes

• Trading window closed from August 17, 2026 till 48 hours after the meeting.

Deviation/Variation status

• Mode of fund raising: preferential issue of fully convertible warrants.
• No deviation or variation in use of funds raised.
• Audit committee comments: Nil.
• Auditors' comments: Nil.
• Monitoring agency: Not Applicable.
• Original allocation reduced proportionately due to fewer applications; no change in objects or shareholder approval required.
• Funds utilised reflect cumulative utilisation to date.
• Some investors converted warrants to equity, affecting funds flow.

Meeting Details

• Board meeting scheduled for 14 August 2026 at the registered office.

Key Agenda Items

• Fund-raising via equity or convertible securities through various methods in one or more trenches.
• Standalone unaudited financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closed from 1 July 2026 until 48 hours after the standalone unaudited Q2 2026 results.

Demat/remat status

• Regulation 74(5) not applicable; entire holding is in demat form.
• No dematerialisation/rematerialisation requests received during the period.

Listing status

• Listing status unaffected; no demat/remat activity reported in period.

Reclassification to Public

• Date of filing: 04 July 2026, for promoter-to-public reclassification.
• Target entity: B.C. Power Controls Limited reclassified from Promoter Group to Public.
• Shareholding details show 0 shares and 0% held for the entity.
• Filed by Bonlon Industries Limited; signed by MD Arun Kumar Jain.

Key Decisions

• Reclassify B.C. Power Controls Limited from promoter group to public, subject to approvals.
• Board authorized directors to file with stock exchanges and obtain necessary approvals.
• Reclassification to be reflected in shareholding pattern in the next quarter.