StockWatch
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Non Banking Financial Company (NBFC)
Quarterly Result29 May 2026, 02:12 am

Bazel International: Q4/FY26 Results Approved, Auditor Appointed

AI Summary

Bazel International Ltd. announced that its Board of Directors, at a meeting held on May 28, 2026, approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. The company also appointed Mr. Narender Singh as the Internal Auditor for the Financial Year 2026-27. Additionally, the Board approved the partial conversion of a pre-existing inter-corporate loan extended to Sagar Portfolio Services Limited into equity shares of Sagar Portfolio Services Limited. This transaction represents a partial restructuring of the company's existing financial exposure and does not involve any fresh infusion of funds.

Key Highlights

  • Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026.
  • Mr. Narender Singh appointed as the Internal Auditor for the Financial Year 2026-27.
  • Company to partially convert an inter-corporate loan to Sagar Portfolio Services Ltd. into equity shares.
  • The loan conversion is a restructuring of existing financial exposure, with no new fund infusion.