In compliance with regulation 31A(8)(c) of SEBI(LODR) Regulations, 2015 this is to inform that the company has submitted an application to BSE Limited (BSE), Seeking approval for reclassification ....
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Awaiting price reaction for this filing.
Bazel International Ltd has submitted an application to BSE on April 21, 2025, seeking approval to reclassify a promoter group member, Satya Bhushan, from the 'Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A(8)(c). The member holds just 300 shares, representing a negligible 0.01% of total shares. The Board of Directors had already approved this reclassification on April 17, 2025. The company is a registered non-banking financial company based in New Delhi.
This is a routine reclassification request with negligible impact on shareholding structure, as the stake involved is only 0.01% (300 shares). It is unlikely to materially affect the stock price or shareholder value.