Bazel International Limited , a registered non-banking financial company, has announced significant corporate actions aimed at strengthening its capital structure. The company's board of directors has approved two key measures: a preferential allotment of equity shares and an increase in authorized share capital.

Preferential Allotment Details

The board has given the green light for a preferential allotment of 10,69,189 equity shares, priced at Rs 66.95 per share. This move is designed to convert unsecured loans totaling Rs 7.16 crore into equity. The beneficiaries of this allotment are:

The issue price of Rs 66.95 includes a premium of Rs 56.95 per share over the face value of Rs 10. This allotment is in accordance with Sections 42, 62(1)(c), and 62(3) of the Companies Act, 2013, as well as relevant SEBI regulations.

Authorized Share Capital Increase

In addition to the share allotment, Bazel International has partially implemented a previously approved increase in its authorized share capital. The changes are as follows:

• Previous authorized capital: Rs 3.5 crore (35,00,000 equity shares of Rs 10 each)
• New authorized capital: Rs 4 crore (40,00,000 equity shares of Rs 10 each)

This increase of Rs 50 lakh, achieved by creating 5,00,000 additional equity shares, falls within the overall authorized capital limit of Rs 75 crore that was previously approved by shareholders.

Regulatory Compliance and Next Steps

The company has confirmed that these actions comply with:

• SEBI (ICDR) Regulations, 2018
• SEBI (LODR) Regulations, 2015
• Shareholder approval granted at the 43rd AGM held on September 29, 2025
• In-principle approval from BSE Limited received on November 24, 2025

Bazel International will now proceed with filing the allotment details with the stock exchange, initiating necessary corporate actions with NSDL/CDSL, and applying for listing and trading approval as per SEBI regulations.

These strategic moves by Bazel International Limited appear to be aimed at improving its capital structure by converting debt to equity, potentially reducing interest burden and strengthening its balance sheet. The increase in authorized share capital also provides the company with additional flexibility for future capital raising activities, if required.

Bazel International Ltd. (BSE: 539946) has released its financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance across its standalone and consolidated operations.

Standalone Performance

The company reported a standalone net profit of Rs. 53.27 crore for the quarter, marking an improvement from Rs. 44.13 crore in the previous quarter. This represents a quarter-on-quarter growth of approximately 20.7% in standalone profitability.

Consolidated Results

Despite the positive standalone performance, Bazel International's consolidated results were impacted by its subsidiary, SR Industries Limited. The subsidiary reported a net loss of Rs. 41.06 crore, which significantly affected the group's overall financial outcome.

Financial Position

As of September 30, 2025, Bazel International's consolidated financial position showed:

The company's total assets increased by approximately 6.8% from March 31, 2025, to September 30, 2025. This growth was accompanied by a 7% increase in total equity and a 6.5% rise in total liabilities during the same period.

Cash Flow Analysis

For the half-year ended September 30, 2025, Bazel International's consolidated cash flow statement revealed:

The company experienced significant cash outflows from operating activities, which were largely offset by cash inflows from financing activities.

Management Commentary

The Board of Directors of Bazel International Ltd. approved these unaudited financial results in a meeting held on November 14, 2025. The meeting, which commenced at 12:30 P.M. and concluded at 01:40 P.M., also included a review of the Limited Review Report provided by the Statutory Auditor.

Investors and stakeholders should note that while the standalone performance shows improvement, the consolidated results highlight the challenges faced by the group, particularly due to the losses incurred by its subsidiary. The company's ability to manage its subsidiary's performance and improve overall group profitability may be key factors to watch in the coming quarters.