B.C. Power Controls Seeks Reclassification from Promoter to Public

Bonlon Industries Ltd has submitted a request letter from B.C. Power Controls Limited to the BSE. B.C. Power Controls Limited, currently part of the Promoter Group, is seeking reclassification to the Public Category under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company states it is not associated with Bonlon's business, has no influence over its decisions, and does not hold any special rights or control. They confirm compliance with conditions such as holding less than ten percent voting rights, no control, no special rights, no board representation, and not being a key managerial person or a wilful defaulter. This reclassification is subject to Board approval and regulatory compliance.