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Bazel International Ltd. has submitted an application to BSE seeking approval to reclassify shareholder Satya Bhushan from the “Promoter Group” to the “Public” category. This change will remove his name from the Promoter & Promoter Group list, affecting 300 shares, or 0.01% of total shares. The Board of Directors had previously approved this reclassification. This move may enhance corporate governance and better align the company's management structure with public interests, potentially fostering a more favorable environment for investors seeking stability.