Bonlon Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Bon-Lon Securities Limited, a part of the promoter group, along with other Persons Acting in Concert, has increased its stake in Bonlon Industries Limited. They acquired 22,00,000 equity shares by converting warrants through a preferential allotment. This conversion boosted their voting rights in the company, with their post-acquisition holding of shares carrying voting rights reaching 1,16,66,286, representing 71.21% of the total voting capital. The company's equity share capital increased from 14.18 Cr to 16.38 Cr as a result. This move strengthens the promoter group's control and ownership in Bonlon Industries.