Regulatory30 May 2026, 11:01 pm
Bonlon Industries: No Deviation in Preferential Issue
AI Summary
Bonlon Industries Ltd has submitted a statement confirming no deviations or variations in the utilization of proceeds from its preferential issue of warrants for the quarter ended March 31, 2026. This is in compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee reviewed and the Board took the statement on record on May 30, 2026. The company raised ₹3978.15 Lakh through preferential issue of warrants on October 9, 2025.
Key Highlights
- Bonlon Industries reports no deviation in the use of preferential issue proceeds.
- Proceeds utilized for working capital, capital expenditure, and general corporate purposes.
- Audit Committee reviewed and Board approved the statement on May 30, 2026.
- ₹3978.15 Lakh was raised through preferential issue of warrants on October 9, 2025.
- The report is filed under SEBI (LODR) Regulations, 2015.
Price Impact
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