Bazel International Ltd's Extraordinary General Meeting held on January 30, 2026, concluded with overwhelming shareholder support for the bonus share issuance, according to the official scrutinizer's report released on January 31, 2026. The comprehensive voting results demonstrate strong investor confidence in the company's corporate action.

Meeting Overview and Governance

The EGM was conducted at the company's registered office at II-B/20, First Floor, Lajpat Nagar, New Delhi-110024, with Managing Director Pankaj Dawar chairing the proceedings. ACS Meenu Gupta of Meenu G. & Associates Company Secretaries served as the appointed scrutinizer, overseeing both remote e-voting and physical voting processes.

Voting Process and Participation

The company implemented a dual voting mechanism to ensure maximum shareholder participation. Remote e-voting was available from 9:00 AM on January 27, 2026, to 5:00 PM on January 29, 2026, through NSDL's platform. Physical voting through ballot papers was conducted during the EGM for members who had not participated in remote voting.

Out of 1,112 total shareholders on the record date of January 23, 2026, 40 members attended the meeting in person. The voting process was meticulously managed with 33 members voting through e-voting, 12 members voting through physical ballot, while 17 votes were declared invalid.

Resolution Results and Shareholder Response

The ordinary resolution for bonus share issuance received exceptional support from shareholders, demonstrating strong confidence in the company's growth strategy.

The resolution achieved 97.91% approval rate among voting shareholders, with 187 votes in favor and only 4 votes against. The voting percentage on outstanding shares was 0.007%, reflecting the concentrated shareholding pattern typical of smaller listed companies.

Regulatory Compliance and Documentation

The scrutinizer's report, prepared in accordance with Section 109 of the Companies Act, 2013, and Rule 21(2) of the Companies (Management and Administration) Rules, 2014, confirms full regulatory compliance. The report was digitally signed on January 31, 2026, and countersigned by Managing Director Pankaj Dawar.

Key compliance aspects included:

• Proper appointment of NSDL as the e-voting agency
• Adherence to SEBI (LODR) Regulations, 2015
• Transparent voting process with independent scrutiny
• Timely submission of voting results

Company Profile and Next Steps

Bazel International Ltd (CIN: L65923DL1982PLC290287) operates as a registered non-banking financial company with shares listed on BSE Limited under scrip code 539946. The successful approval of the bonus share resolution marks a significant milestone in the company's corporate development strategy.

The voting results and scrutinizer's report will be made available on BSE Limited's website, the company's official website at https://www.bazelinternationalltd.com/ , and NSDL's e-voting platform as per regulatory requirements.

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.