Bonlon Industries Share price

The Company was incorporated on January 21 1997 as a private limited company under the provisions ofCompanies Act 1956 with the Registrar of Companies Jaipur in the name and style of Bonlon Steels PrivateLimited. Subsequently the registered office of the Company was shifted from Jaipur to New Delhi i.e. from one state to another w.e.f. December 01 1998 with due approval of the Company Law Board Northern Region Bench vide order dated October 29 1998.In the year 2018 in pursuance to synergize the operations and attaining higher business efficiencies three of the group companies i.e. Smita Global Private Limited (hereinafter referred as transferor company no. 1) Harshit Promoters Private Limited (hereinafter referred as transferor company no. 2) and Harshit Infratech Private Limited (hereinafter referred as transferor company no. 3) which were engaged in different segments were amalgamated with the Company in pursuance of Section 230-232 of the Companies Act 2013 and the Order of the Hon'ble National Company Law Tribunal Principal Bench New Delhi dated June 13 2018.In consequence to the aforesaid scheme the main objects of the transferor companies were also merged with the objects of the Company and hence the Memorandum of Association was amended in this respect. Therefore in order to align the business activities with the name of Company the name of the Company was changed from Bon Lon Steels Private Limited to Bonlon Industries Private Limited w.e.f. February 26 2019. Later on the name of the company was changed to Bonlon Industries Limited pursuant to conversion into a public company vide shareholder’s approval dated March 01 2019 and fresh certificate of incorporation dated March 29 2019 issued by Registrar of Companies Delhi.KEY EVENTS AND MILESTONES IN THE HISTORY OF THE COMPANY1997- The Company was incorporated as Bonlon Steels Private Limited.1998- The registered office was shifted from Jaipur to New Delhi.2006- Started supervision of manufacturing activities of a Colombo based Company named Copper Bars Private Limited2013- Started the own manufacturing unit in Bhiwadi Rajasthan.2014- Turnover crossed Rs. 10000 Lakhs2017- Turnover crossed Rs. 24000 Lakhs2018- Amalgamation of three group companies with the company.2019- Name was changed from “Bonlon Steels Private Limited” to “Bonlon Industries Private Limited”- Converted into Public Limited Company vide fresh certificate of Incorporation dated March 29 2019