Bonlon Industries Ltd — Important, 30-05-2026: Company Update

Bonlon Industries has reported no deviation in the utilization of funds raised from its preferential issue of warrants for the quarter ended March 31. The company successfully raised Rs. 39.78 Cr by allotting 1.21 crore convertible warrants. These funds were primarily allocated to working capital requirements, capital expenditure, general corporate purposes, and issue-related expenses. Cumulatively, Rs. 10.86 Cr has been utilized for working capital, Rs. 3.14 Cr for capital expenditure, Rs. 1.12 Cr for general corporate needs, and Rs. 0.27 Cr for issue expenses. The Audit Committee reviewed this statement, and the Board took it on record, ensuring proper fund deployment.