Bazel International Ltd's Board approved the continuation of Mayank Ahuja and Kawal Singh as Additional Directors on July 17, 2026. The decision ensures the retention of key leadership within the registered Non-Banking Financial Company, subject to necessary regulatory approvals.

The Board meeting, held in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, sanctioned the extensions. The meeting commenced at 04:30 P.M. and concluded at 04:45 P.M. on the same day.

Appointment Details

The approvals for the two directors are contingent upon shareholder consent at the ensuing General Meeting or within a period of three months from the date of Board approval, i.e., 17 July 2026, whichever is earlier. This aligns with the requirements of Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the transactions will be carried out in compliance with applicable provisions of law, rules, and regulations. Pankaj Dawar, Managing Director, signed the regulatory filing on behalf of Bazel International Limited.

Bazel International Limited reported a consolidated net profit of ₹42.42 lakh for the financial year ended March 31, 2026, contrasting with a standalone net loss of ₹101.25 lakh for the same period. The company's total income from operations for the year stood at ₹439.59 lakh on a standalone basis and ₹441.39 lakh on a consolidated basis. For the quarter ended March 31, 2026, the standalone net loss was ₹48.34 lakh, while the consolidated net profit was ₹35.39 lakh.

The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditors have audited the financial results as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is a registered Non-Banking Financial Company (NBFC).

Financial Performance

The financial results indicate a divergence between the standalone and consolidated performance. While the standalone entity faced a net loss for both the quarter and the full year, the consolidated figures, which include subsidiaries, remained profitable for the year.

Key Financial Metrics (Standalone)

Key Financial Metrics (Consolidated)

The paid-up equity share capital remained unchanged at ₹981.52 lakh for the current period compared to the previous year. The detailed financial results are available on the company's website and the BSE website.