Bazel International Announces 1:1 Bonus Issue and Capital Restructure

Shareholders of Bazel International are set to receive bonus equity shares after the Board of Directors approved a 1:1 bonus issue on December 26, 2025, subject to shareholder consent at an upcoming Extraordinary General Meeting, with one fully paid share of Rs 10 proposed for every existing equity share held as of a yet-to-be-announced record date.

As part of this bonus proposal, the company plans to issue 38,55,222 new equity shares, matching the existing paid-up equity base, and intends to use free reserves and securities premium standing as of September 30, 2025, with a total capitalisation of Rs 47.07 crore, which is expected to support liquidity and broaden participation in the counter.

Before the bonus allotment, Bazel International had paid-up equity share capital of Rs 3.85 crore, comprising 38,55,222 shares of Rs 10 each, and after the 1:1 issue the equity share count is expected to rise to 77,10,444, taking the paid-up equity capital close to Rs 7.71 crore while keeping the face value unchanged.

The Board also acted on a part of the increase in Authorised Share Capital that shareholders had endorsed at the Annual General Meeting held on September 29, 2025, approving a revision in authorised equity capital from Rs 4,00,00,000 divided into 40,00,000 shares of Rs 10 each to Rs 7,75,00,000 divided into 77,50,000 shares of Rs 10 each, within the overall ceiling of Rs 75 crore.

To structure the various numerical changes clearly, the key share capital figures are set out below.

Parameter	Before bonus issue	After proposed bonus issue
Paid-up equity shares (number)	38,55,222	77,10,444
Paid-up equity capital (Rs)	3.85 crore	7.71 crore (approx.)
Authorised equity capital (Rs)	4,00,00,000	7,75,00,000
Face value per share (Rs)	10	10

The Board has fixed January 02, 2026 (Friday) as the cut-off date to decide which shareholders will receive the notice of the Extraordinary General Meeting and whose holdings will be counted for voting, and has approved the draft EGM notice, scheduling the meeting for Friday, January 30, 2026, to obtain formal approval for the bonus issue and related matters.

The Board further granted authorisation for appointing the Scrutinizer, engaging required intermediaries, circulating the EGM notice to eligible shareholders and completing other connected compliance work, while the specific record date for determining entitlement to the bonus shares will be announced separately in due course after regulatory and shareholder processes are in place.

On December 26, 2025, Bazel International shares closed on the BSE at Rs 73.33 per share, marking a 7.10% gain compared with the previous close, and at this level the stock traded notably below its 52-week high of Rs 104.87, recorded on February 11, 2025, implying a decline of about 30% from that peak.

From a medium-term perspective, the share price has recovered strongly from the 52-week low of Rs 53.30, hit on July 28, 2025, with the current level representing an increase of more than 38% from that trough, indicating renewed buying interest at lower price bands and placing the stock in focus as the bonus share proposal and capital changes progress through the approval stages.