Bonlon Industries Ltd: Bon-Lon Securities Acquires 8.38% Stake Through Warrant Conversion

Key Highlights

• Bon-Lon Securities Ltd, a promoter/promoter group, has acquired 8.38% stake in Bonlon Industries Ltd
• The acquisition was made through the conversion of warrants
• The total voting rights of the company after the acquisition stand at 71.21%
• Before the acquisition, Bon-Lon Securities Ltd held 6.71% voting rights
• The warrants held by the acquirer did not entitle them to any voting rights or other shareholder rights until conversion