
Rights Issue17 Aug 2026, 07:30 pm
Bonlon Industries Ltd to Consider Rights Issue of ₹49.75 Cr
AI Summary
Bonlon Industries Ltd has announced a Board of Directors meeting scheduled for August 20, 2026, to consider and approve an Intimation of Rights Issue. This follows a previous board meeting on August 14, 2026, where the company approved the offer and issuance of fully paid-up equity shares via a Rights Issue, not exceeding ₹49,75,00,000. The upcoming meeting will finalize terms like the issue price, payment mechanism, entitlement ratio, record date, and timing. Additionally, the trading window for designated persons and their relatives has been closed from August 17, 2026, until 48 hours after the Rights Issue Committee meeting, in compliance with SEBI (Prohibition of Insider Trading) Regulations.
Key Highlights
- Board meeting scheduled for August 20, 2026, to approve Rights Issue.
- Rights Issue aims to raise up to ₹49.75 crore.
- Specific terms of the Rights Issue to be decided.
- Trading window closed for designated persons due to insider trading regulations.
Price Impact
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