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.

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.