BIBonlon Industries543211Rights issue announcement

Rights issue committee meets on October 22 to decide issue price, entitlement ratio and record date

A Rights Issue Committee meeting of Bonlon Industries is scheduled for Thursday, October 22, 2026.

By ScoutQuest · Fri 16 Oct 2026, 5:30 PM IST · 2 min read

Rights Issue Size Approved

not exceeding Rs. 49.75 crore

Rights Issue Committee Meeting Date

Thursday, October 22, 2026

Trading Window Closure

closed from October 16, 2026 till 48 hours after the committee meeting

What has been announced

Bonlon Industries has informed the exchanges that a meeting of the Rights Issue Committee of its Board of Directors is scheduled to be held on Thursday, October 22, 2026.

What the committee will decide

• The rights issue price and the related payment mechanism
• The rights entitlement ratio, that is how many new shares a shareholder is entitled to against the shares already held
• The record date, which fixes who is eligible for the rights entitlement
• The timing of the rights issue and other terms and conditions

What has already been approved

The Board, at its meeting on Friday, August 14, 2026, approved the offer and issuance of fully paid-up equity shares of face value of Rs. 10.00/- each by way of a rights issue to eligible shareholders, for an amount not exceeding Rs. 49.75 crore (Rupees Forty Nine Crore Seventy Five Lakh Only).

The company also states that in-principle approval from the stock exchange has been received.

Trading window

The trading window for dealing in the equity shares of the company will remain closed with effect from Friday, October 16, 2026, till 48 hours from the conclusion of the Rights Issue Committee meeting. This is under the Code of Conduct for Prevention of Insider Trading.

How to read this

A rights issue allows existing shareholders to buy new shares, in proportion to their current holding. The three figures that matter most to a shareholder are the issue price, the entitlement ratio and the record date; these are the matters the committee is meeting to decide.

Because the offer is made to eligible shareholders, eligibility is based on holdings as on the record date. The shares being offered are of face value Rs. 10.00/- each, and the total amount being raised is capped at Rs. 49.75 crore.

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