Bazel International Limited’s Board has approved a partial increase in its authorised share capital and recommended a 1:1 bonus issue, subject to shareholder approval. The company will hold its Extraordinary General Meeting (EGM) on January 30, 2026, and has set January 2, 2026, as the cut-off date for voting rights.
Bazel International Limited, in its Board Meeting held on December 26, 2025, has announced key developments aimed at strengthening its capital structure and rewarding shareholders.
The Board approved effecting a partial increase in the authorised equity share capital, implementing the members’ approval granted during the last AGM. Additionally, the company has recommended the issuance of bonus equity shares in a 1:1 ratio, marking a positive move toward enhancing shareholder value.
The proposed bonus issue will be subject to shareholder approval at the upcoming Extraordinary General Meeting (EGM), scheduled for ajanuary 30, 2026. The cut-off date to determine eligible shareholders for voting and notice dispatch has been fixed as January 2, 2026.
Notable Updates
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Authorised Capital Increase: From ₹4 crore (40 lakh shares of ₹10 each) to ₹7.75 crore (77.5 lakh shares), through the creation of 37.5 lakh new equity shares.
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Bonus Share Recommendation: 1:1 ratio — one new fully paid equity share for every existing one held on the record date.
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Record Date: To be notified later.
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EGM Date: January 30, 2026 (Friday).
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Cut-off Date: January 2, 2026, for determining eligible shareholders for notice and voting rights.
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Compliance: In line with Regulation 30 of SEBI Listing Regulations and the SEBI Master Circular issued on July 11, 2023.
Sources: NSE Corporate Announcements | BSE Corporate Filings – Bazel International Limited