Bonlon Industries Limited has scheduled a meeting of the Rights Issue Committee of the Board of Directors on Wednesday, November 18, 2026. This meeting is being convened pursuant to Regulation 29(1)(d) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The committee will consider, discuss, and decide various matters related to the previously approved Rights Issue, including:
- Determination of the Rights Issue price
- Related payment mechanism
- Rights entitlement ratio
- The record date for the Rights Issue
- Timing of the Rights Issue
- Other terms and conditions with respect to the Rights Issue
The Rights Issue was approved by the Board of Directors in their meeting dated Friday, August 14, 2026. The issue involves offer and issuance of fully paid-up equity shares of face value of ₹10.00 each, with a total issue size not exceeding ₹49,75,00,000 (Rupees Forty Nine Crore Seventy Five Lakh Only).
The company has received in-principle approval from the stock exchanges for the Rights Issue, which will be conducted in accordance with the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI Listing Regulations, and other applicable laws.
In terms of the Code of Conduct for Prevention of Insider Trading, the trading window for dealing in equity shares of the company will remain closed with effect from November 13, 2026 (today) until 48 hours after the conclusion of the Rights Issue committee meeting.