What was approved at Bazel International's EGM?

At Bazel International's EGM, shareholders approved a 1:1 bonus equity share issuance.

How much capital is being used for Bazel International's bonus shares?

Approximately INR 6 crore has been capitalized from reserves for the issuance of bonus shares.

What is Bazel International's expansion strategy?

Bazel International is expanding beyond financial activities into manufacturing, acquiring businesses like Arur Footwear Limited to develop brands and create shareholder value.

Home / Business and Economy / Bazel International Confirms 1:1 Bonus Share Issue

Bazel International Confirms 1:1 Bonus Share Issue

31 Jan

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Summary

Shareholders approved a 1:1 bonus equity share issuance.
Over INR 6 crore capitalized for bonus shares from reserves.
Company is expanding into footwear manufacturing with Arur Footwear.

Bazel International Confirms 1:1 Bonus Share Issue

Bazel International Limited recently held its Extraordinary General Meeting (EGM), where all proposed business items were approved by shareholders. A significant outcome was the approval for a 1:1 bonus equity share issuance, meaning one new share for every existing share held.

The company plans to allot and list these bonus shares on the Bombay Stock Exchange. Approximately INR 6 crore has been earmarked from the company's securities premium account and free reserves, which stood at INR 47.08 crore as of September 30, 2025. This ensures financial flexibility for operations and growth.

Mr. Pankaj Dawar, MD, stated the bonus issue signifies confidence in the company's balance sheet and strategy. Beyond rewarding shareholders, it reinforces the Board's belief in future prospects. The issue will not impact working capital commitments.