Bazel International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/06/2025 ,inter alia, to consider and approve Bazel International Ltd ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bazel International Ltd has informed BSE that its Board of Directors will meet on Saturday, 21st June 2025 at 3:30 PM at its registered office in Lajpat Nagar, New Delhi. The Board will consider three items: (1) increasing the Authorized Capital of the Company, (2) raising funds by issuing equity shares to non-promoters (public category) on a preferential basis through conversion of outstanding loans, and (3) fixing the date of a General Meeting to seek shareholder approval for the preferential issue. The filing is made under Regulation 29(1)(d)(g) of SEBI LODR Regulations, 2015. Bazel International is a registered Non-Banking Financial Company (NBFC) with CIN L65923DL1982PLC290287.
Shareholders should expect potential equity dilution as new shares will be issued to public-category investors. The loan-to-equity conversion route indicates existing debt will be converted into equity, which may strengthen the balance sheet but will dilute existing shareholder stakes depending on the size of the issue.