Bazel International Ltd, a registered non-banking financial company, successfully concluded its Extraordinary General Meeting (EGM) on January 30, 2026, with shareholders approving a significant corporate action. The meeting, held at the company's registered office in New Delhi, resulted in the approval of bonus share issuance to company members.

Meeting Details and Proceedings

The EGM was conducted on Friday, January 30, 2026, at 12:30 PM (IST) at the company's registered office located at B/20, First Floor, Lajpat Nagar, New Delhi-110024. Managing Director Pankaj Dawar chaired the meeting, welcoming all present members and ensuring proper governance protocols were followed.

Resolution Outcome

The primary agenda item for the EGM was the consideration and approval of bonus share issuance to company members. The resolution was presented as an ordinary resolution and received overwhelming support from shareholders.

Governance and Compliance

The meeting demonstrated strong corporate governance practices with key committee chairpersons in attendance. The Chairpersons of the Audit Committee, Nomination and Remuneration Committee, and Investor Grievance cum Stakeholders' Relationship Committee were all present during the proceedings. Additionally, representatives from both the Statutory Auditors and Secretarial Auditors participated in the meeting.

The company provided multiple voting options to ensure maximum shareholder participation:

• Remote e-voting facility prior to the EGM
• Ballot paper voting during the meeting
• Professional scrutiny by appointed Company Secretary

Scrutinizer Appointment and Voting Process

Meenu Gupta, Practicing Company Secretaries, was appointed as the scrutinizer to supervise both the remote e-voting process and voting conducted at the EGM. This appointment ensures transparency and compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The voting results along with the scrutinizer's report will be submitted separately within the stipulated timeline as per Regulation 44(3) of SEBI (LODR) Regulations, 2015. These documents will be made available on BSE Limited's website and the company's official website at https://www.bazelinternationalltd.com/ , as well as on NSDL's e-voting platform.

Company Information

Bazel International Ltd operates as a registered non-banking financial company with CIN: L65923DL1982PLC290287. The company's shares are listed on BSE Limited under scrip code 539946 with ISIN: INE217E01014. The successful approval of the bonus share resolution represents a significant corporate development for the company and its shareholders.

Bazel International Limited, a registered non-banking financial company, has officially filed its regulatory disclosure under SEBI Listing Regulations for the Extraordinary General Meeting (EGM) scheduled on January 30, 2026, to seek shareholder approval for the issuance of bonus shares following the board's recommendation on December 26, 2025.

Official EGM Notification Details

The company has submitted comprehensive documentation to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Bonus Share Proposal Structure

The primary agenda involves approving the capitalization of reserves for bonus equity share issuance:

E-Voting Implementation

Bazel International has established comprehensive remote e-voting facilities through NSDL for shareholder participation:

Strategic Investment Background

The company has strengthened its portfolio through strategic initiatives, including successful participation as the resolution applicant in the Corporate Insolvency Resolution Process of Arur Footwear Limited. The NCLT Chandigarh Bench approved the resolution plan on July 01, 2024, with an aggregate equity infusion of ₹11.70 crores completed alongside strategic co-participants including Sam Realtown Private Limited, Masatya Technologies Private Limited, and other industry partners.

Regulatory Compliance Framework

The bonus issue proposal aligns with multiple regulatory requirements:

The notification was signed by Pankaj Dawar, Managing Director (DIN: 06479649), ensuring full compliance with SEBI disclosure requirements. The company has also made strategic investments in Satyam Projects Limited, an NBFC preparing for BSE listing, further diversifying its investment portfolio.