Bonlon Industries Limited, currently listed on the Bombay Stock Exchange (BSE), has announced its intention to expand its market presence by seeking a direct listing on the National Stock Exchange of India Limited (NSE) Main Board. This strategic move, approved by the company's Board of Directors, aims to boost shareholder value through improved market liquidity and increased visibility in the capital markets.

Key Details of the Announcement

The Board of Directors of Bonlon Industries convened on November 11, 2025, to discuss and approve this significant development. Here are the essential points from the meeting:

Potential Benefits for Shareholders

The company's board believes that this move may yield several advantages for its shareholders:

1. Enhanced Market Liquidity: A dual listing on both BSE and NSE is expected to increase the trading volume of Bonlon Industries' shares.
2. Expanded Investor Base: Listing on NSE may attract a wider range of investors, both institutional and retail.
3. Increased Visibility: The company's presence on both major Indian stock exchanges could lead to greater attention from market analysts and the financial media.

Regulatory Compliance

Bonlon Industries has emphasized that the proposed NSE listing is contingent upon meeting all requisite criteria for the NSE Main Board and securing necessary statutory and regulatory approvals. This cautious approach underscores the company's commitment to regulatory compliance in its expansion efforts.

Looking Ahead

While the board's approval marks a significant step forward, shareholders and potential investors should note that the process of dual listing is subject to various regulatory hurdles. The company will need to navigate these requirements before the NSE listing can be finalized.

As Bonlon Industries progresses with its plans for NSE listing, market participants will be keen to observe how this move might impact the company's market performance and shareholder value in the coming months.

Bonlon Industries Limited has announced that its Board of Directors has approved the reclassification of two promoter group entities from the 'Promoter/Promoter Group' category to the 'Public' category.

Entities Seeking Reclassification

The two entities approved for reclassification are:

1. B.C. Power Controls Limited
2. Vayusthali Constructions Private Limited

Key Points of the Reclassification

• Both entities currently hold 0.00% shareholding in the company.
• They have confirmed that they do not participate in the company's management.
• Neither entity holds any key managerial positions in Bonlon Industries Limited.
• The entities have confirmed they have no special rights through formal or informal arrangements.

Regulatory Compliance

• The reclassification is subject to approval from BSE Limited.
• It complies with Regulation 31A of SEBI Listing Regulations.
• Vayusthali Constructions Private Limited has been struck off as per MCA filing status.

Next Steps

Upon receiving necessary approvals, the company will effect this reclassification in its shareholding pattern from the immediate succeeding quarter.

Implications

This reclassification, once approved, may impact the company's promoter holding structure and could have implications for corporate governance.

Investors and stakeholders of Bonlon Industries Limited should monitor further announcements from the company regarding the final approval of these reclassification requests and any subsequent changes in the shareholding pattern.