Outcome of Board Meeting

Date: 02nd July, 2026 To, To, The Listing Department The Manager BSE Limited National Stock Exchange of India Limited Department of Corporate Affairs Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex- Bandra (E), Dalal Street, Mumbai – 400 001 Mumbai-400051 Reference: ISIN - INE0B9A01018; Scrip code- 543211; Symbol - BONLON; Sub: Outcome of the Meeting of the Board of Directors of Bonlon Industries Limited held on today i.e. Thursday, 2nd July, 2026 Dear Sir/Madam, Pursuant to the Regulation 30 and other applicable regulations of the SEBI (Listing obligation & Disclosure requirements) Regulations, 2015. We hereby inform you that meeting of the Board of Directors of the Company, duly convened and held at the registered office of the Company i.e. 7A/39, 12- First Floor, WEA Channa Market, Karol Bagh, Delhi, 110005, on Thursday, 2nd July, 2026 at 04:00 P.M. (i.e., 16:00 Hours) and concluded at 06:00 P.M (i.e., 18:00 Hours) the Board of Directors has inter alia transacted the following businesses: 1. Board consider and approve the request of following Promoter Group of the Company seeking re- classification from the 'Promoter/Promoter Group' Category to 'Public' Category. Sr. No. Name of Promoter and Promoter Group Category 1 B.C. Power Controls Limited Promoter Group Please find enclosed herewith the Copies of the following: i. Copy of the extract of the minutes of the meeting of the Board of Directors FOR BONLON INDUSTRIES LIMITED ARUN KUMAR JAIN MANAGING DIRECTOR DIN: 00438324 EXTRACT OF THE MINUTES OF THE 02/2026-27 MEETING OF THE BOARD OF DIRECTORS OF BONLON INDUSTRIES LIMITED HELD ON THURSDAY, 2ND JULY, 2026 COMMENCED AT 04:00 P.M. AT THE REGISTERED OFFICE OF THE COMPANY AT 7A/39, 12- FIRST FLOOR, WEA CHANNA MARKET, KAROL BAGH, DELHI, 110005 AND CONCLUDED AT 06:00 P.M. RE-CLASSIFICATION OF PERSONS BELONGING TO THE CATEGORY OF PROMOTER /PROMOTER GROUP TO THE PUBLIC CATEGORY: The Board was informed that B.C. Power Controls Limited belonging to the ‘promoter group’ of the Company, had by letter dated 26th June, 2026 requested the Company for re-classification from the ‘promoter group’ category to ‘public’ category shareholder of the Company. The Company intimated the aforesaid request(s) for re-classification to BSE Limited and National Stock Exchange Limited on 26th June, 2026. The letters received from B.C. Power Controls Limited were placed before the Board for its perusal. It was also informed that B.C. Power Controls Limited in their request letter informed the Company that they are neither a part of the Board nor do they hold any key managerial position in the Company. Further, they had confirmed in their letters that they do not participate in the management of the Company in any manner or capacity and do not have any special rights in the Company through formal or informal arrangements, including any shareholder agreement. The Board was also apprised that they are satisfying all the conditions specified in Regulation 31A (3)(b) of the Listing Regulations. The Board was further informed that in terms of Regulation 31A of the Listing Regulations, the said re-classification shall require the approval of the Board, shareholders/ members of the Company and the stock exchanges where the shares of the Company are listed namely, BSE Limited and National Stock Exchange Limited ("Stock Exchanges”). Accordingly, on the basis of the rationale provided above and in accordance with the provisions of Regulation 31A of the Listing Regulations, the Board was of the view that the request of B.C. Power Controls Limited for re-classification from the promoter group’ category to ‘public’ category shareholder be accepted and approved, which shall be subject to the approvals of shareholders and the Stock Exchanges, and/or such other approval, if any as may be necessary in this regard. Sr. No. Name of Promoter and Promoter Category Group 1 B.C. Power Controls Limited Promoter Group Requesting for reclassification of above mention from 'promoter /promoter group' category of the Company to 'public' category in accordance with provisions of Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). He further informed the Board that as on date above mention promoter and promoter group have 0.00% shareholding in the Company. The Board was further informed that is none of the promoter seeking for reclassification involved in routine business and operations of the Company. After discussing and considering the aforesaid matters, the request from above mention Promoter and Promoter group was accepted and approved by passing the following resolution. "RESOLVED THAT pursuant to the provisions of Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations") and other applicable laws and subject to the approval of BSE Limited ("BSE") and National Stock Exchange Limited ( "NSE") and such other approvals, as may be necessary with reference to SEBI notification promoter not holding share directly and indirectly more than 1% so no separate resolution is required approval of members of the Company, the consent of the Board be and is hereby accorded for the reclassification of the status of above mention promoter and promoter group from 'promoter /promoter group' category of the Company to 'public' category of the Company, as applicable. RESOLVED FURTHER THAT upon receipt of necessary approval(s) for reclassification of the aforementioned Promoter/ Promoter Group, the Company shall effect such re-classification in the statement of shareholding pattern of the Company to be filed under Regulation 31 of Listing Regulations from the immediate succeeding quarter and in all other disclosures as may be required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and other applicable provisions for the time being in forte. RESOLVED FURTHER THAT any Director of the Company, be and are hereby severally authorized to perform and execute all such acts, deeds, matters and things including but not limited to making intimation/filings to stock exchange(s), seeking approvals from the Securities and Exchange Board of India, BSE Limited and National Stock Exchange Limited, and members in the general meeting, and to execute all other documents required to be filed in the above connection and to settle all such questions, difficulties or doubts whatsoever which may arise and amend such details and to represent before such authorities as may be required and to take all such steps and decisions in this regard to give full effect to the aforesaid resolutions." FOR BONLON INDUSTRIES LIMITED ARUN KUMAR JAIN MANAGING DIRECTOR DIN: 00438324