allotment of bonus issue
Price
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On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.7 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bazel International Ltd, a Delhi-based non-banking financial company (NBFC), has allotted 38,55,222 (38.55 lakh) fully paid-up bonus equity shares to its shareholders in a 1:1 ratio — one free share for every one share held. The allotment follows shareholder approval granted at the company's EGM on January 30, 2026, and in-principle approval from BSE received on February 5, 2026. The record date for determining eligible shareholders was February 19, 2026. The newly issued bonus shares will rank pari-passu with existing equity shares, meaning they carry identical rights. The board meeting commenced at 12:00 PM and concluded at 12:20 PM on February 20, 2026.
Eligible shareholders will see their shareholding double (one extra share for each share held). The share price typically adjusts downward proportionately, so total investment value stays roughly the same, but liquidity improves and the move is usually seen as a confidence signal from management.