StockWatch
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Diversified Metals
Board Meeting14 Aug 2026, 07:08 pm

Bonlon Industries Approves Rights Issue Up To ₹49.75 Cr

AI Summary

Bonlon Industries Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors also approved a Rights Issue to raise funds up to ₹49.75 crore by issuing equity shares. A Rights Issue Committee has been constituted to manage the process. The company's registered office is in New Delhi, with plants in Rajasthan and a branch office in Mumbai.

Key Highlights

  • Unaudited standalone financial results for Q1 FY27 declared.
  • Board approved a Rights Issue to raise up to ₹49.75 crore.
  • A Rights Issue Committee has been formed.
  • Financial results reviewed by Audit Committee and approved by Board.