StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM7 Sept 2026, 08:40 pm

Bazel International Defers Sweat Equity Issue at 44th AGM

AI Summary

Bazel International Ltd has announced the deferral of the proposed issuance of sweat equity shares to two key personnel: Mr. Mayank Ahuja, Non-Executive Director, and Mr. Manish Kumar Gupta, Chief Financial Officer. This decision means these items will not be presented for approval at the upcoming 44th Annual General Meeting (AGM) scheduled for September 30, 2026. The company has submitted its Annual Report for FY 2025-26 along with the AGM notice, which has also been dispatched to shareholders and uploaded to the company's website. The deferral impacts the planned equity issuance under Section 54 of the Companies Act, 2013, and SEBI regulations.

Key Highlights

  • Sweat equity issuance to director and CFO deferred.
  • Items will not be presented at the 44th Annual General Meeting.
  • Annual Report for FY 2025-26 filed with AGM notice.
  • AGM scheduled for September 30, 2026.