The Company has submitted the outcome of Board Meeting
BONLON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bonlon Industries Limited reported audited financial results for FY 2026 (ended March 31, 2026) with unmodified audit opinions from Gaur & Associates for both standalone and consolidated results. The company also approved disinvestment of its wholly-owned subsidiary SHV Industries Private Limited to promoters Mr. Arun Kumar Jain and Mrs. Smita Jain at face value for Rs. 10 lakh (closing by June 30, 2026). This is classified as a related party transaction. Long-term borrowings increased significantly from Rs. 3.52 crore to Rs. 12.83 crore during the year. Total standalone assets grew from Rs. 12,838.69 lakh to Rs. 14,680.45 lakh, and total equity from Rs. 8,156.55 lakh to Rs. 10,009.24 lakh. The company reappointed internal auditors (Shyam Goel & Associates) and cost auditors (Goyal, Goyal & Associates) for FY 2026-27. The company confirmed it does not fall under the Large Corporate category.
The significant increase in debt levels (3.6x) requires monitoring. The related party sale of subsidiary at face value may attract scrutiny. Unmodified opinions indicate clean books, but the large debt increase and negative operating cash flow are concerns.