Bonlon Industries MD, chairman, board of directors and AGM
NSE: BONLONBSE: 543211Metals & Minerals TradingSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹37.88.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹61 Cr3,224th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 50.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 1.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 2.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.21
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,23082.5% delivered
Bonlon Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorARUN KUMAR JAINRelated to the promoter
- Company Secretary and Compliance OfficerNAVEEN KUMAR
6 directors3 independent2 executive1 non-executive
- ARUN KUMAR JAIN · Chairperson and managing directorExecutive · joined Jan 1997 · reappointed Sep 2023 · 1 listed board · 2 committee seats
- RAJAT JAINExecutive · joined Feb 2024 · 1 listed board
- SMITA JAINNon-executive · joined Jul 1997 · reappointed Feb 2024 · 1 listed board
- VINEET GARGIndependent · joined Jul 2022 · 48 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- BELA KHATTAR CHAUHANIndependent · joined Jun 2019 · reappointed Jun 2024 · 84 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PRANAY JAINIndependent · joined Jan 2026 · 5 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- SIYA SETH, left 24 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20266 of 6 present3 independent · 60 days in between
- 30 Mar 20266 of 6 present3 independent
Audit Committee
Chair VINEET GARG
BELA KHATTAR CHAUHAN, ARUN KUMAR JAIN
- 30 May 20263 of 3 present2 independent · 107 days in between
- 11 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VINEET GARG
BELA KHATTAR CHAUHAN, PRANAY JAIN
- 30 May 20263 of 3 present3 independent · 125 days in between
- 24 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair VINEET GARG
BELA KHATTAR CHAUHAN, ARUN KUMAR JAIN
- 30 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair VINEET GARG
BELA KHATTAR CHAUHAN, ARUN KUMAR JAIN
- 30 May 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- GAUR & ASSOCIATESPeer-review certificate valid to Sep 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Bonlon Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bonlon Industries share news and announcements
Annual general meeting, 29 Sep 2026
6,337 shareholders on the register on 23 Sep 2026; present: 2 promoters and 168 others; votes counted by SANJEEV DABAS / DABAS S & CO..The company's voting result (opens in a new tab)
- To Consider and Adopt the Audited Standalone and Consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.12%
Turnout: all 56.19% · promoters 77.46% · other public 3.58%
- Re-appointment of Mr. Arun Kumar Jain (Holding DIN: 00438324) as directorOrdinaryPromoters have an interest in it99.88% for0.12% against
Against: promoters 0.00% · other public 0.12%
Turnout: all 1.03% · promoters 0.00% · other public 3.58%
- To approve the remuneration of Mr. Arun Kumar Jain (DIN: 00438324)SpecialPromoters have an interest in it99.88% for0.12% against
Against: promoters 0.00% · other public 0.12%
Turnout: all 1.03% · promoters 0.00% · other public 3.58%
- To approve the remuneration of Mr. Rajat Jain (DIN: 00438444)Special100.00% for0.00% against
Against: promoters 0.00% · other public 0.16%
Turnout: all 47.52% · promoters 65.61% · other public 2.80%
- To increase the authorized share capital of the company and consequent amendment in the capital clause (clause v) of memorandum of association of the companyOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.12%
Turnout: all 56.19% · promoters 77.46% · other public 3.58%
- To approve Material Related Party Transaction(S)OrdinaryPromoters have an interest in it99.84% for0.16% against
Against: promoters 0.00% · other public 0.16%
Turnout: all 0.81% · promoters 0.00% · other public 2.80%
- To Ratify Cost Auditors’ RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.12%
Turnout: all 56.19% · promoters 77.46% · other public 3.58%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Apr 2026, 1 resolution
6,661 shareholders on the register on 13 Mar 2026; votes counted by Sanjeev Dabas / Dabas S & Co..The company's voting result (opens in a new tab)
- To appoint Mr. Pranay Jain (DIN: 07151671) as an Independent Director for a period of 5 (Five) consecutive yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.36%
Turnout: all 60.51% · promoters 88.26% · institutions 0.00% · other public 4.83%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeGST DeparmentSince 7 Feb 2025
The Company has replies to the GST Department on 11-04-2025 that the matter is currently sub judice, as an appeal was filed by our company before the Hon'ble High Court of Punjab and Haryana (Case No. 116 CWP-27730-2024),in respect of the subject matter. The Hon'ble High Court, by its order dated 16-10-2024, has granted a stay on passing of final order.MoreLess
At the filing before: Demand Notice Received for the period July 2017- March 2018 - Tax disputeIncome Tax DepartmentSince 31 Mar 2025
The Commissioner of Income Tax (Appeals) has passed a order on 18th September 2025, in favour of Company by nullifying the Tax demand raised by the Income Tax Department vide notice dated 30.03.2025 for the Assessment Year 2019-20. Thereafter, the Income Tax Dept. had preferred a appeal before Income Tax Appellate Tribunal (ITAT) in this matter. But now the ITAT has also rejected the appeal of Income Tax Department and passed order in favor of the Company on 03.07.2026MoreLess
At the filing before: As per the last disclosure submitted by the Company on 20th September 2025 in BSE, The Commissioner of Income Tax (Appeals) vide it order dated 18th September 2025, has nullified the Tax demanded by the Income Tax department vide notice dated 30th March 2025 for the assessment year 2019-20.MoreLess
- Tax disputeGST DeparmentSince 26 Mar 2026The Company has filed an writ petition before Hon'ble High Court of Rajasthan in this matterAt the filing before: Demand Notice received from Deputy Commissioner, GST under Section 74 of the GST Act , for period belonging to April 2019 to March 2020
- Tax disputeIncome Tax DepartmentSince 1 Apr 2026The Company has preferred an appeal against this demand notice to the Commissioner of Income Tax (Appeals) on 24.04.2026At the filing before: Demand Notice has been received in respect of Assessment order passed under section 147 of the Income Tax Act, 1961 for the assessment year 2021-22.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesOct 2025 | 39.78 | Working Capital Requirements | 32.72 | 10.86 | No |
| Preferential IssuesOct 2025 | 39.78 | Capital expenditure, including towards development, refurbishment and renovation of our assets; | 3.14 | 3.14 | No |
| Preferential IssuesOct 2025 | 39.78 | General Corporate Purpose | 3.65 | 1.12 | No |
| Preferential IssuesOct 2025 | 39.78 | Issue related expenses | 0.27 | 0.27 | No |