Bonlon Industries Limited has informed the Exchange about Diversification/Disinvestment
BONLON · price
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Bonlon Industries Limited reported audited standalone and consolidated financial results for FY2026 ending March 31, 2026. Statutory auditors Gaur & Associates issued an unmodified opinion. The Board approved disinvestment of its wholly owned subsidiary SHV Industries Private Limited to promoters (MD Mr. Arun Kumar Jain and Mrs. Smita Jain) for Rs. 10 Lakh at face value, effective May 30, 2026. SHV contributed 0% to turnover and 5.82% to networth. The subsidiary reported revenues of Rs. 45.12 lakh and net loss of Rs. 3.81 lakh for FY2026. Long-term borrowings increased significantly from Rs. 3.52 Cr to Rs. 12.43 Cr during the year. Operating cash flow turned sharply negative at Rs. 1382.84 lakh (standalone) and Rs. 285.62 lakh (consolidated), compared to positive flows in FY2025.
The company shows clean books with unmodified audit opinion, but faces significant working capital stress with negative operating cash flows. The promoter buyout of the loss-making subsidiary at face value is a related party transaction that may attract regulatory scrutiny.