Bonlon Industries Ltd — Important, 14-08-2026: Company Update

Bonlon Industries confirmed no deviation in the utilization of funds from its preferential issue of warrants for the quarter ended June 30, 2026. The company raised Rs. 39.78 crore, less than the initially planned Rs. 50.69 crore, due to fewer warrant applications; however, fund allocations were proportionally adjusted without altering the original stated objectives. Of the total funds, Rs. 15.39 crore has been utilized for working capital, capital expenditure, general corporate purposes, and issue expenses. This update assures shareholders that funds are being deployed as intended for business operations and growth.