Regulatory29 May 2026, 12:19 pm
Bazel International: No Deviation in Preferential Issue Proceeds
AI Summary
Bazel International Ltd confirms that the proceeds raised through a preferential issue have been utilized for the purposes stated in the explanatory statement/offer document for the quarter/year ended March 31, 2026. The company states that there has been no deviation or variation in the utilization of these proceeds, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Bazel International confirms proper utilization of preferential issue proceeds.
- No deviation or variation in the use of funds raised.
- Compliance with SEBI regulations for disclosure requirements.
- Confirmation pertains to the quarter/year ended March 31, 2026.
Price Impact
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