Key Quantitative Figures
- Rights Issue size: ₹49,75,00,000 (Rupees Forty Nine Crore Seventy Five Lakh Only)
- Face value of equity shares: ₹10.00 each
Dates of Action
- Board approval date: Friday, August 14, 2026
- Rights Issue Committee meeting: Thursday, October 22, 2026
- Trading window closure: From Friday, October 16, 2026 until 48 hours after conclusion of Rights Issue committee meeting
Parties Involved
- Bonlon Industries Limited (Company)
- Bombay Stock Exchange Ltd. (BSE)
- National Stock Exchange of India Limited (NSE)
- Rights Issue Committee of the Board of Directors
- Arun Kumar Jain, Managing Director (DIN: 00438324)
Purpose/Rationale
To consider, discuss, and decide various matters in connection with the Rights Issue, including:
- Determination of Rights Issue price
- Related payment mechanism
- Rights entitlement ratio
- Record date
- Timing of the Rights Issue
- Other terms and conditions
Status Update
- In-principle approval already received from Stock Exchange
- Meeting is continuation of previous disclosures and board approval
Capital Structure Impact
- Issuance of fully paid-up equity shares of face value ₹10.00 each
- Rights Issue to eligible shareholders
Trading Restrictions
Trading window closure implemented in compliance with SEBI Insider Trading Regulations
#Tags: #BonlonIndustries #RightsIssue #SEBIDisclosure #RegulatoryCompliance #CorporateAction