The Company has submitted the notice of book closure for the purpose of 28th Annual General Meeting.
BONLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bonlon Industries Ltd has issued the notice for its 28th Annual General Meeting (AGM) to be held on Monday, 29th September 2025 at 02:00 PM via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Register of Members and Share Transfer Books will remain closed from Tuesday, 23rd September 2025 to Monday, 29th September 2025 (both days inclusive) — no share transfers will be processed during this period. Remote e-voting through NSDL will be open from Friday, 26th September 2025 (9:00 AM) to Sunday, 28th September 2025 (5:00 PM), with the cut-off date set as Monday, 22nd September 2025. Key business to be transacted includes adoption of FY25 audited financial statements, re-appointment of Mr. Rajat Jain (DIN: 00438444) as Director retiring by rotation, appointment of M/s Dabas S & Co. as Secretarial Auditor for 5 years at Rs. 72,000 + GST p.a., ratification of Cost Auditor remuneration of Rs. 60,000 + GST to M/s Goyal, Goyal & Associates, approval under Section 185 for loans/guarantees up to Rs. 200 crore to subsidiaries/associates/JV/group entities, approval under Section 186 for loans/investments up to Rs. 200 crore, and approval of material related party transactions with six parties totaling around Rs. 1,500 crore (notably Asier Metals at Rs. 700 crore and B.C. Power Controls at Rs. 300 crore).
Shareholders should note the book closure window (Sept 23–29, 2025) during which share transfers will not be processed, and ensure they are recorded as members by the cut-off date of 22nd September 2025 to be eligible to vote. The large related-party transaction and Section 185/186 approvals, if passed, will materially expand the Board's authority to lend, invest, and transact with related entities — a matter worth monitoring given potential governance and conflict-of-interest concerns for minority shareholders.