Bonlon Industries Limited has announced a significant corporate action involving its promoter group. Arun Kumar Jain and associated promoter group entities have acquired 1.07 crore warrants through a preferential allotment. This move could potentially increase the promoter group's stake in the company upon conversion of the warrants.

Key Details of the Warrant Allotment

• Number of Warrants: 1.07 crore
• Conversion Ratio: Each warrant is convertible into one equity share
• Face Value: Rs. 10 per equity share
• Warrant Issue Price: Rs. 33 (75% payable within 18 months for conversion)

Promoter Group Holdings

Warrant Allocation to Promoter Group Entities

Impact on Share Capital

• Pre-Allotment Share Capital: Rs. 14,18,33,580 (1,41,83,358 equity shares)
• Post-Conversion Share Capital: Rs. 26,23,83,580 (2,62,38,358 equity shares)

It's important to note that the warrant holders do not have voting rights until the warrants are converted into equity shares. The conversion is contingent upon the payment of the remaining 75% of the warrant issue price (Rs. 24.75 per warrant) within 18 months from the allotment date.

This preferential allotment of warrants to the promoter group could potentially lead to a significant increase in their shareholding and voting rights in Bonlon Industries Limited, subject to the conversion of these warrants into equity shares within the stipulated timeframe.

Bonlon Industries Limited, a key player in the ferrous and non-ferrous metals segment, has announced its financial results for the fiscal year ended March 31, 2025, showcasing a robust performance with significant growth in both profit and revenue.

Financial Highlights

The company reported a net profit of ₹269.05 crores for the financial year 2024-25, marking a 15.5% increase from the previous year's ₹232.88 crores. This growth in profitability was accompanied by a substantial rise in total income, which surged to ₹62,341.07 crores from ₹43,157.34 crores in the preceding year, representing a remarkable 44.5% year-on-year growth.

Quarterly Performance

For the quarter ended March 31, 2025, Bonlon Industries Limited reported a net profit of ₹42.65 crores. This figure represents a decline compared to the ₹82.14 crores recorded in the same quarter of the previous year.

Corporate Governance and Auditor Appointments

The Board of Directors has approved the audited standalone and consolidated financial results for the fiscal year. In addition, the company has made several key appointments to strengthen its corporate governance structure:

• M/s Dabas S & Co. has been appointed as Secretarial Auditors for a term of five years.
• M/s Shyam Goel & Associates has been reappointed as Internal Auditors.
• M/s Goyal, Goyal & Associates will continue as Cost Auditors for the financial year 2025-26.

These appointments underscore Bonlon Industries' commitment to maintaining robust financial oversight and compliance with regulatory requirements.

Company Overview

Bonlon Industries Limited operates primarily in the ferrous and non-ferrous metals segment. The significant growth in total income suggests a strong market position and potentially increased demand for its products in the metal industry.

The company's ability to increase its annual net profit despite challenges in the last quarter demonstrates its resilience and effective management strategies.