Bonlon Industries Limited has successfully obtained NSE listing approval for its 1,41,83,358 equity shares under the symbol 'BONLON', effective February 20, 2026. The dual listing on both BSE and NSE marks a strategic milestone for the company, with shares trading in the 'BE' series under Trade-for-Trade segment. Approximately 79.76% of shares remain locked until March 31, 2026, while the remaining are available for free trading.
Bonlon Industries Limited Receives NSE Listing Approval for 1,41,83,358 Equity Shares Under Symbol 'BONLON'
Bonlon Industries Limited has achieved a significant milestone with the National Stock Exchange of India Limited (NSE) approving the listing of its equity shares. The company received the approval letter on February 18, 2026, for listing 1,41,83,358 equity shares of Rs. 10/- each under the NSE symbol "BONLON".
NSE Listing Details
The equity shares became listed and admitted to dealing on NSE with effect from Friday, February 20, 2026. This listing encompasses the entire issued, subscribed and fully paid-up equity share capital of the company.
Parameter: Details Total Equity Shares: 1,41,83,358 Face Value: Rs. 10/- each NSE Symbol: BONLON Series: BE Market Lot: 1 Distinctive Numbers: 1 to 14183358 Listing Date: February 20, 2026
Trading Specifications
The securities are currently available for trading in Series 'BE' and will continue to remain in the Trade-for-Trade segment until further notice. The company has been assigned scrip code 543211 on BSE with ISIN number INE0B9A01018.
Lock-in Structure
The equity shares have a mixed lock-in structure with varying periods:
Share Category: Number of Shares Lock-in Period Free Trading: 28,70,859 Free Locked Shares: 1,13,12,499 Until March 31, 2026 Total: 1,41,83,358 Mixed
The lock-in details show that approximately 79.76% of the shares are locked until March 31, 2026, while the remaining 20.24% are available for free trading.
Strategic Significance
According to the company's communication, this dual listing on both BSE and NSE represents a significant milestone in Bonlon Industries' journey. The management stated that this development aligns with the company's long-term strategic vision, focusing on:
Broadening the shareholder base by attracting diverse investors
Improving visibility and accessibility of shares in capital markets
Reinforcing position as a trusted player in the Indian financial ecosystem
Strengthening investor confidence and facilitating greater liquidity
Regulatory Compliance
The company will now be required to submit all reports, statements, intimations, documents, and filings through NSE's Electronic Application Processing System (NEAPS). As a listed entity on NSE, Bonlon Industries must seek requisite exchange approvals for any future grants, allotments, or corporate actions as applicable under SEBI regulations.
Bonlon Industries Limited has submitted its quarterly compliance filing to BSE, confirming no deviations in the utilization of proceeds from its preferential issue of warrants during the third quarter ended December 31, 2025. The filing was made pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Fund Raising Details
The company raised Rs. 3978.15 lakh through a preferential issue of fully convertible warrants, with the allotment completed on October 9, 2025. The funds were raised following shareholder approval obtained through a postal ballot notice dated April 7, 2025.
Parameter Details Mode of Fund Raising Preferential Issues of fully convertible warrants Allotment Date October 9, 2025 Amount Raised Rs. 3978.15 lakh Quarter Ended December 31, 2025 Monitoring Agency Not Applicable
Fund Utilization Status
The company confirmed that there were no deviations or variations from the objects as stated in the explanatory statement to the postal ballot notice. The funds are being utilized across four main categories as originally planned.
Original Object Original Allocation Funds Utilised Modified Object Working Capital Requirements Rs. 3271.80 lakh Rs. 835.40 lakh N.A. Capital expenditure, including development, refurbishment and renovation Rs. 313.93 lakh Rs. 50.00 lakh N.A. General Corporate Purpose Rs. 364.95 lakh Rs. 31.13 lakh N.A. Issue related expenses Rs. 27.47 lakh Rs. 27.47 lakh N.A.
Regulatory Compliance
The statement was prepared in accordance with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019. Both the Audit Committee and the Board of Directors reviewed and approved the compliance statement during their respective meetings held on February 11, 2026.
The filing confirms that the company is utilizing the raised funds strictly in accordance with the approved objects, with no modifications to the original allocation or purposes. The Audit Committee provided no additional comments after their review, and no auditor comments were noted in the filing.
Company Background
Bonlon Industries Limited operates as a manufacturer and exporter of cables and wires, and wholesale trader and importer of non-ferrous metals. The company maintains ISO certifications including 14001:2015, 45001:2018, 9001:2015, and 9000:2015 for quality management systems. The company's shares are listed on BSE with scrip code 543211.
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