Bazel International Board Recommends Bonus Issue Expands Authorised Share Capital
New Delhi, Dec 30: The Board of Directors of Bazel International Limited, at its meeting held on December 26, 2025, has approved and recommended the issuance of bonus equity shares in the ratio of 1:1, subject to shareholder approval, signalling a calibrated capital-structure move aligned with the company’s balance-sheet position and long-term strategy.
Under the proposal, shareholders will receive one fully paid-up equity share of ₹10 each for every one existing equity share held as on the record date, which will be announced later. The bonus issue will be implemented out of the company’s free reserves and securities premium account, as available on September 30, 2025.
Post-bonus, the paid-up equity share capital of the Company is expected to increase from ₹3.85 crore to approximately ₹7.71 crore, with the number of outstanding equity shares will increase from 38.55 lakh to about 77.10 lakh equity shares. The bonus issue will be implemented by capitalisation of reserves in accordance with applicable law.
Commenting on the decision, Pankaj Dawar, Managing Director, said: “The Board’s recommendation of a bonus issue reflects confidence in the Company’s capital position and reserves. It is intended to reward long-term shareholders while aligning the equity base with the Company’s evolving scale and strategic direction.”
The Board has approved convening an Extraordinary General Meeting (EOGM) on January 30, 2026, to seek shareholder approval for the bonus issue and related matters. January 2, 2026, has been fixed as the cut-off date for determining shareholders eligible to receive the EGM notice and exercise voting rights.
The company stated that the proposed actions are in accordance with applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant SEBI master circulars.