Bonlon Industries Board Approves Promoter Reclassification

Bonlon Industries Ltd held a Board Meeting on July 2, 2026, where the re-classification request of B.C. Power Controls Limited from the 'Promoter/Promoter Group' category to the 'Public' category was considered and approved. The company had previously intimated this request to BSE and NSE on June 26, 2026. B.C. Power Controls Limited confirmed they do not hold any managerial positions, participate in management, or possess special rights. The Board found that B.C. Power Controls Limited satisfies the conditions under Regulation 31A of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The approval is subject to shareholder and stock exchange approvals. B.C. Power Controls Limited currently holds 0.00% shareholding in the company.