Announced Tue, 17 Feb · 16:40 IST

Bazel International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/02/2026 ,inter alia, to consider and approve allotment of securities ....

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Awaiting price reaction for this filing.

AI summary

Bazel International, a registered NBFC (BSE Scrip Code: 539946), has informed BSE that its Board will meet on February 20, 2026 to consider and approve a bonus issue of equity shares in the ratio of 1:1 (one bonus share for every one share held). The bonus shares will have a face value of ₹10 each, the same as the existing shares. The record date is set as February 19, 2026, the deemed allotment date is February 20, 2026, and the bonus shares are expected to start trading on BSE from February 23, 2026. This filing has been made under SEBI Listing Regulations (Regulation 29).

Likely market impact

This is shareholder-friendly news — investors will get one additional share for every share they own, effectively doubling their share count. Share price is expected to adjust downward by roughly half on the ex-date to reflect the dilution, while overall investment value remains unchanged. The bonus signals management confidence in future earnings but does not bring fresh capital into the company.