BC Power Controls Limited Withdraws Promoter Reclassification Request from Bonlon Industries
BC Power Controls Limited's board has approved withdrawal of its November 6, 2025 request to reclassify from promoter group to public category in Bonlon Industries Limited. The decision was made during a board meeting on January 13, 2026, and is subject to SEBI (LODR) Regulations compliance and stock exchange approvals.

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BC Power Controls Limited's Board of Directors has formally approved the withdrawal of its promoter reclassification request, marking a significant reversal in the company's strategic positioning within Bonlon Industries Limited's shareholding structure.
Board Decision Details
The board meeting, conducted on January 13, 2026, addressed the withdrawal of the company's request dated November 6, 2025, for reclassification from the "Promoter/Promoter Group" category to the "Public" category in Bonlon Industries Limited. The decision represents a change in the company's strategic direction regarding its shareholding classification.
| Meeting Parameter: | Details |
|---|---|
| Meeting Date: | January 13, 2026 |
| Start Time: | 4:00 PM |
| End Time: | 6:00 PM |
| Duration: | 2 hours |
| Decision: | Withdrawal of reclassification request |
Regulatory Framework and Compliance
The withdrawal decision operates within the framework of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BC Power Controls Limited, as part of the Promoter/Promoter Group of Bonlon Industries Limited, has expressed its intention to reverse its earlier reclassification request.
The company has indicated that Bonlon Industries Limited will take necessary steps to inform stock exchanges and other regulatory authorities about this withdrawal. This process ensures transparency and maintains compliance with applicable regulatory requirements.
Implementation Process
The withdrawal is subject to several compliance requirements:
- Adherence to SEBI (LODR) Regulations, 2015 provisions
- Compliance with circulars issued under the regulations
- Obtaining necessary approvals from stock exchanges, if required
- Proper notification to regulatory authorities through Bonlon Industries Limited
Corporate Governance Impact
This decision maintains BC Power Controls Limited's status as part of the promoter group in Bonlon Industries Limited. The withdrawal indicates the company's continued commitment to its current shareholding structure and governance framework within the promoter category.
The formal communication, signed by Managing Director Chander Shekhar Jain (DIN: 08639491), ensures proper documentation and regulatory compliance for this corporate decision. The company has requested BSE Limited to take the withdrawal on record and disseminate the information appropriately.
Historical Stock Returns for BC Power Controls
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.02% | -8.53% | -9.81% | -4.46% | -51.26% | -72.23% |





























