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Diversified Metals
Promoter Reclassification1 Oct 2026, 05:40 pm

Bonlon Industries: BSE Approves Promoter Reclassification of B.C. Power Controls

AI Summary

Bonlon Industries Ltd has received approval from BSE Limited for the reclassification of B.C. Power Controls Limited from the Promoter Group to the Public Category. This change is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval follows an application made by Bonlon Industries on July 04, 2026. B.C. Power Controls Limited will no longer be considered part of the promoter group post-reclassification, with its shareholding status changing to Public. The company is required to ensure compliance with subsequent disclosure requirements related to this reclassification.

Key Highlights

  • BSE approves reclassification of B.C. Power Controls Limited.
  • Change moves B.C. Power Controls from Promoter Group to Public Category.
  • Reclassification is in line with SEBI LODR Regulations 31A.
  • Bonlon Industries applied for this change on July 04, 2026.
  • Company must adhere to future disclosure norms.