Bonlon Industries Limited has informed the Exchange regarding Notice of Postal Ballot
BONLON · price
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Bonlon Industries Limited has sent a Postal Ballot Notice dated March 19, 2026 to its shareholders seeking approval for the appointment of Mr. Pranay Jain (DIN: 07151671) as a Non-Executive Independent Director for a 5-year term (January 25, 2026 to January 24, 2031). Mr. Jain, aged around 40, is a B.Tech in Computer Science & Engineering and runs his own IT and Engineering services business; he holds 24,000 equity shares in the company and has no other listed directorships. The resolution will be passed through remote e-voting (via NSDL), with voting open from March 24, 2026 (9:00 AM) to April 22, 2026 (5:00 PM) and results to be announced on or before April 24, 2026. The cut-off date for shareholder eligibility is March 13, 2026.
This is a routine corporate governance action to formalise an independent director's appointment via shareholder approval, as required under SEBI regulations. There is no financial or operational implication for shareholders, and it is unlikely to move the stock price.