At its meeting on December 26, 2025, the Board of Directors of Bazel International, a small-cap registered non-banking financial company listed on the BSE, considered, approved, and recommended the proposal for the issue of bonus equity shares in a ratio of 1:1, i.e., one new fully paid equity share for each existing equity share held by the shareholder as of the record date, subject to the approval of the company’s shareholders in the next Extraordinary General Meeting. In due period of time, the Record Date for Bonus Share Issuance will be made public.
The company has proposed to issue 38,55,222 equity shares as bonus shares as part of a 1:1 bonus issue. This would significantly improve the stock’s liquidity by offering shareholders one fully paid-up equity share of Rs 10 for each current equity share owned. The company’s free reserves and securities premium, which are available as of September 30, 2025, would be capitalized in order to effectuate the bonus issue, with a total use of Rs 47.07 crore.
The company’s paid-up equity share capital, which was made up of 38,55,222 equity shares at Rs 10 apiece, was Rs 3.85 crore prior to the bonus issue. Following the bonus, it is anticipated that the total number of equity shares would rise to 77,10,444, and the paid-up equity capital will almost double to Rs 7.71 crore. The bonus issue keeps the stock firmly in focus on the Street by improving share affordability as well as increasing investor participation.
A part of the increase in Authorized Share Capital that the members had already authorized at the Annual General Meeting on September 29, 2025, was approved by the Board. Thus, within the total authorized capital limit of Rs. 75 crores already approved by the shareholders, the Board approved raising the Authorized Equity Share Capital from Rs. 4,00,00,000/- divided into 40,00,000 equity shares of Rs. 10/- each to Rs. 7,75,00,000/- divided into 77,50,000 equity shares of Rs. 10/- each.
The Board has considered and fixed January 02, 2026 (Friday) as the cut-off date for determining the list of shareholders who will receive notice of the EOGM and for determining voting rights. The Board approved the draft Notice of the EGM and resolved to call an Extraordinary General Meeting (EGM) of the Company’s members on Friday, January 30, 2026 to get their consent for the aforementioned purpose.
The Board also granted the necessary authorisation for the appointment of the Scrutinizer, engagement of other intermediaries, circulation of the Notice to all eligible recipients, and for all other related matters.
On Friday, 26th December, the shares of Bazel International ended on the BSE at Rs 73.33 apiece with an upside gap of 7.10% from the previous close. The stock is currently trading significantly below its 52-week high of Rs 104.87, which was reached on February 11, 2025, at a market price of Rs 73.33. The stock has dropped by about 30% from the peak.
Conversely, the stock has had a robust recovery from its 52-week low of Rs 53.30, which was reached on July 28, 2025. The share price has increased by over 38% since this low, indicating a significant rebound and fresh interest in buying at lower prices. The strong recovery from the lows keeps the counter in focus even if it is still far from reaching its highs, particularly following the issuance of bonus shares.
