BSEBazel International LtdMinimalNeutral
Announced Mon, 9 Mar · 12:07 IST

In this regard, we would like to inform that due to an inadvertent typographical error, the face value of the equity shares was incorrectly mentioned as Re. 1/- and Re. 2/- in the paragraph ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bazel International Ltd has issued a corrigendum to its earlier board meeting outcome dated February 20, 2026, correcting a typographical error where the face value of equity shares was wrongly mentioned as Re. 1/- and Re. 2/-. The correct face value is Rs. 10/- (Rupees Ten only) per share. The original filing approved the allotment of 38,55,222 fully paid-up bonus equity shares in a 1:1 ratio (one bonus share for every one share held). Shareholders had approved the bonus at the EGM on January 30, 2026, and BSE had given its in-principle approval on February 5, 2026. The record date was February 19, 2026, and the board meeting ran from 12:00 PM to 12:20 PM. All other contents of the original outcome remain unchanged.

Likely market impact

This is purely a technical correction with no change to the actual bonus issue terms (ratio, number of shares, or record date). Shareholder entitlements remain identical, and the stock price or holding value should not be affected by this disclosure.