Panafic Industrials Ltd — Important, 24-02-2026: Company Update

Panafic Industrials has acquired a 19.78% stake in Bazel International Limited by converting a loan into equity through a preferential allotment. This transaction involved 762,392 equity shares, establishing Panafic as a significant shareholder. Following this, Bazel International's total equity capital increased from 2.78 Cr to 3.85 Cr. This strategic move impacts Bazel's ownership and capital structure.