Bonlon Industries Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

BONLON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-4.9%1-day move

₹46.27

prior close

₹45.04

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.2+0.3+2.6+3.0-4.9-8.1-2.9-7.7-10.3-11.8-4.8-8.8——

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AI summary

Bonlon Industries Limited has filed a statement confirming no deviation or variation in the utilization of proceeds from its preferential issue of fully convertible warrants. The company raised Rs. 3978.15 lakh in October 2025 through 1,20,55,000 warrants (lower than the originally planned 1,53,60,000 warrants worth Rs. 5068.80 lakh due to undersubscription). The funds have been allocated across working capital (Rs. 3271.80 lakh), capital expenditure (Rs. 313.93 lakh), general corporate purpose (Rs. 364.95 lakh), and issue expenses (Rs. 27.47 lakh). The company also received Rs. 5.44 crore in March 2026 from two shareholders converting 22 lakh warrants into equity shares. The Audit Committee reviewed and the Board took the statement on record on May 30, 2026.

Likely market impact

No negative implications for shareholders as the company has confirmed proper utilization of funds as per the stated objects. The undersubscription to the warrants issue has been proportionally adjusted without requiring shareholder approval.