Purpose of the meeting has been revised
Price
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Awaiting price reaction for this filing.
Bazel International Ltd has informed BSE that its Board of Directors will meet on Friday, February 20, 2026, at 12:00 Noon via video conferencing to consider and approve the allotment of bonus equity shares in the ratio of 1:1 (one bonus share of ₹10 face value for every one fully paid-up equity share held). The record date for determining eligible shareholders is February 19, 2026, and the deemed date of allotment is February 20, 2026. The bonus shares will be available for trading on BSE from Monday, February 23, 2026. The company is a registered non-banking financial company (NBFC) based in New Delhi.
A 1:1 bonus issue effectively doubles the number of shares held by existing shareholders, though it does not change the total value of their holding. The stock price will typically adjust downward on the ex-date to reflect the increased share count. Short-term trading interest around the record date is likely, but the long-term impact depends on the company's fundamentals.