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Bazel International Ltd. has announced a board meeting to consider and approve the allotment of 10,69,189 equity shares. These shares, valued at ₹10 each, totaling ₹1.07 Cr, are intended for issuance on a preferential basis. The allotment is part of converting an existing loan into equity shares, following an in-principle approval. This decision will impact the company's capital structure and shareholder base.