This is to inform you that the Company had duly submitted the Outcome of the Board Meeting held on today, 09 December 2025 within the prescribed timelines, in compliance with Regulation ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bazel International's board, which met on 9 December 2025, approved a partial increase in authorised equity share capital from Rs. 3.5 crore to Rs. 4 crore, creating 5 lakh additional shares within the overall Rs. 75 crore limit already approved by shareholders. The board also approved a preferential allotment of 10,69,189 equity shares at Rs. 66.95 per share (including a Rs. 56.95 premium) to two corporate investors — Panafic Industrials Ltd and Chaser Financial Services Pvt Ltd — by converting unsecured loans totalling Rs. 7.16 crore into equity. The company noted the in-principle approval already received from BSE on 24 November 2025. Additionally, Ms. Himanshi was appointed as Company Secretary and Compliance Officer effective 9 December 2025, whose disclosure was initially missed in the earlier filing and is now being submitted as an addendum.
The loan-to-equity conversion and preferential allotment will expand the equity base and dilute existing shareholders by roughly 30% on the increased capital, while also bringing in two new corporate shareholders; the Company Secretary appointment improves compliance posture but is routine.