Announced Thu, 2 Apr · 10:16 IST
Promoter group converts 22 lakh warrants, voting stake rises to 71.21%
BONLON · price
▲ 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
+1.9%1-day move
₹36.87
prior close
₹35.28
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.7-0.2+3.0+1.9+2.5+5.8+11.1+16.6+26.1+35.5+42.3+19.4+13.4
Up moveDown movePending
AI summary
Bon-Lon Securities Ltd and PACs (all promoter group) converted 22,00,000 warrants into equity shares of Bonlon Industries Ltd via preferential allotment. Promoter group voting stake rose to 71.21% of total voting capital (73.05% on fully diluted basis) from around 66.74% earlier. Total share capital increased to Rs. 16.38 crore (1,63,83,358 shares). 75,00,000 warrants remain unconverted.
Likely market impact
Promoter confidence signal — promoter holding increased to 71.21%, tightening free float and reducing public participation in the stock.