Outcome of Board Meeting held on 16th May 2026

Bazel International Ltd's Board meeting on 16th May 2026 approved the appointment of Mr. Kawal Singh as Additional Director designated as Non-Executive Independent Director, effective from close of business hours. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and complies with Companies Act 2013 and SEBI LODR regulations. Mr. Kawal Singh brings over 12 years of experience in accounting, taxation, corporate compliance, and legal advisory across multiple professional firms. He holds an LL.B. degree and MBA in Finance. The Board also took note of various compliance confirmations including director disclosures, independence declarations, KYC/AML/PMLA compliance, and RBI-related confirmations. The appointment is valid until the ensuing AGM.