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Bazel International LtdImportant, 09-12-2025: Company Update

09-12-2025 | 06:39 pm

Bazel International's board approved increasing its authorized equity share capital from Rs. 3.5 crore to Rs. 4 crore, creating 5,00,000 new shares. It also greenlit the preferential allotment of 10,69,189 equity shares at Rs. 66.95 per share, converting an unsecured loan of Rs. 7.16 crore. This move enhances financial structure by converting debt to equity. The board noted BSE's in-principle approval for this allotment and appointed Ms. Himanshi as the new Company Secretary & Compliance Officer, strengthening governance.

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