Bonlon Industries has secured in-principle approval from BSE Limited and National Stock Exchange of India Limited to list 22,00,000 equity shares allotted to its promoter group members. The shares, issued at a total price of ₹33 per equity share comprising a face value of ₹10 and a premium of ₹23, were allotted to Bon Lon Securities Limited and Harshit Finvest Private Limited. This listing follows the conversion of warrants issued on a preferential basis, with the shares bearing distinctive numbers from 14183359 to 16383358.

The approvals, referenced as LOD/PREF/RB/FIP/339/2026-27 from BSE and NSE/LIST/54676 from NSE, were both granted on June 08, 2026. The exchanges stated that the shares would be listed and admitted to dealings upon receipt of confirmation from depositories NSDL and CDSL regarding the credit of beneficiaries' accounts. BSE specified that trading approval is contingent upon the company filing the listing approval from the other exchange and necessary confirmation letters from the depositories.

BSE further instructed the company to ensure compliance with Regulation 167 of the SEBI (ICDR) Regulations. In the event of a change exceeding two per cent of the total paid-up share capital, the company must file the shareholding pattern in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015. The exchange also highlighted the requirement to apply for trading approval within seven working days from the date of the listing approval to avoid penalties under the specified SEBI circular dated June 21, 2023.

Details of the Allotment

Bonlon Industries Limited reported a 12.8% rise in net profit for the financial year ended March 31, 2026, to ₹303.64 lakh, compared to ₹269.05 lakh in the previous year. Revenue from operations for the year increased 4.5% to ₹6,511.85 crore from ₹6,231.02 crore in FY25. The company’s Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s Gaur & Associates, issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

For the quarter ended March 31, 2026, the company reported a net profit of ₹98.76 lakh, up from ₹42.65 lakh in the corresponding quarter of the previous year. Revenue for the quarter stood at ₹1,006.39 crore, compared to ₹1,460.83 crore in the prior year period. On a consolidated basis, net profit for the year stood at ₹262.61 lakh, compared to ₹268.38 lakh in FY25, while total income from operations rose to ₹6,511.85 crore from ₹6,231.02 crore. The company submitted the newspaper publication of these results to the exchanges on June 1, 2026, confirming the publication in Financial Express and Jansatta on May 31, 2026.

Financial Performance

The company’s total expenses for FY26 stood at ₹6,527.97 crore, up from ₹6,234.11 crore in the previous year. Finance costs increased to ₹26.75 crore from ₹19.38 crore. The basic earnings per share for FY26 improved to ₹1.90 from ₹1.89 in the previous year. The paid-up equity share capital as of March 31, 2026, was ₹163.83 crore.

Strategic Decisions

The Board approved the disinvestment of the entire shareholding in M/s SHV Industries Private Limited, a wholly-owned subsidiary, effective May 30, 2026. The subsidiary was not a material subsidiary, and consequently, no shareholder approval was required for the transaction. The sale consideration was agreed at ₹10 lakh, and the transaction is expected to be completed on or before June 30, 2026. Furthermore, the Board re-appointed M/s Shyam Goel & Associates as Internal Auditors and M/s Goyal, Goyal & Associates as Cost Auditors for the financial year 2026-27.