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Bonlon Industries LtdImportant, 30-05-2026: Company Update

30-05-2026 | 10:39 pm

Bonlon Industries' board has approved its audited financial results for the quarter and financial year ended March 31, 2026, confirming an unmodified auditor opinion. The board also approved the divestment of its entire stake in wholly-owned subsidiary SHV Industries Private Limited for 0.10 Cr. SHV Industries, not a material subsidiary, contributed negligible turnover (0.00%) and net worth (0.06%). The buyers are promoter directors. Additionally, the board re-appointed internal and cost auditors. The company confirmed it does not qualify as a Large Corporate, with long-term borrowings increasing from 3.52 Cr to 12.03 Cr during the year.

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