Bonlon Industries Limited has announced key changes to its board of directors following a meeting held on January 24, 2026, at the company's registered office in New Delhi. The board meeting, which commenced at 03:00 PM and concluded at 04:15 PM, addressed director resignation and appointment matters in compliance with SEBI regulations.

Director Resignation Details

Ms. Siya Seth resigned from her directorship position with the company, effective January 24, 2026. The resignation was submitted due to personal reasons, with no other material factors contributing to her departure.

New Independent Director Appointment

The board approved the appointment of Mr. Pranay Jain as Additional Independent Director, effective January 25, 2026. His appointment is subject to shareholder approval for a five-year term from January 25, 2026, to January 24, 2031.

Professional Background and Expertise

Mr. Pranay Jain holds a B.Tech in Computer Science & Engineering from Guru Gobind Singh Indraprastha University, completed in 2007. Since graduation, he has operated his own business providing Information Technology and Engineering services.

His key areas of expertise include:

• Computer science and information technology
• Business management and finance management
• Client engagement and customer handling
• Marketing and general administration

Additional Disclosures

As per SEBI regulations, the company confirmed that Mr. Jain has no relationships with other directors and holds no shareholding in the entity. He currently holds no directorships in other listed entities and has not resigned from any listed company directorships in the past three years.

The board changes reflect the company's commitment to maintaining strong governance standards while ensuring continuity in board composition and expertise.

Bonlon Industries Limited has responded to a BSE notice regarding price movement clarification, reaffirming its commitment to regulatory compliance and transparency in market disclosures.

BSE Notice Response

The company addressed BSE's notice dated December 30, 2025, regarding price movement clarification with reference number L/SURV/ONL/PV/AJ/2025-2026/3248. In its formal response, Bonlon Industries emphasized its adherence to all regulatory requirements.

Regulatory Compliance Statement

The company's Managing Director, Arun Kumar Jain (DIN: 00438324), confirmed that Bonlon Industries has been regular in disseminating all relevant information to stock exchanges. The key points of the clarification include:

• Timely Disclosure: All events and information have been intimated as required under Regulation 30 of SEBI (LODR) Regulations, 2015
• No Withholding: The company stated that no information has been withheld from BSE Limited
• Compliance Record: Regular dissemination of relevant information and details to stock exchanges
• Regulatory Adherence: Full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Trading Platform Status

Bonlon Industries' shares are currently admitted for trading on the Metropolitan Stock Exchange of India Limited (MSE) under the Permitted to Trade Category. However, the company maintains a distinct status as it has not signed a listing agreement with MSE and is not considered a listed entity on that exchange.

Market Position

The company operates in the trading sector and is classified as a Small Cap stock with a market capitalization of ₹103.17 crores. The stock trades on BSE with scrip code 543211, maintaining a tick size of ₹0.01 and lot size of 1 share.

This clarification demonstrates Bonlon Industries' commitment to maintaining transparency with regulatory authorities and ensuring all stakeholders have access to material information in compliance with applicable regulations.