Description
BAZEL INTERNATIONAL LTD announces 1:1 bonus issue with record date February 19, 2026 and ex-bonus date February 18, 2026.
Summary
BSE has notified that BAZEL INTERNATIONAL LTD (Scrip Code: 539946) has fixed the record date for a bonus issue of equity shares. The company will issue 1 bonus equity share of Rs. 10/- each for every 1 existing equity share of Rs. 10/- each held. Trading in the company’s equity shares will be on an ex-bonus basis from February 18, 2026, with the record date set as February 19, 2026.
Key Points
- Bonus ratio: 1:1 (One bonus share for every one existing share)
- Face value: Rs. 10/- per equity share
- Total bonus shares to be allotted: 38,55,222 equity shares
- Ex-bonus trading begins: February 18, 2026 (Settlement No. DR-823/2025-2026)
- Record date: February 19, 2026
- Allotment date: February 20, 2026
- Segment: Dematerialised Securities - Rolling Settlement
Regulatory Changes
No regulatory changes. This is a standard corporate action announcement.
Compliance Requirements
- Trading members must ensure transactions in BAZEL INTERNATIONAL LTD shares are executed on an ex-bonus basis from February 18, 2026
- Shareholders must hold shares as of the record date (February 19, 2026) to be eligible for bonus shares
- All shares must be in dematerialised form under the rolling settlement segment
Important Dates
- February 6, 2026: Circular notice date
- February 18, 2026: Ex-bonus date (trading begins on ex-bonus basis)
- February 19, 2026: Record date for bonus eligibility
- February 20, 2026: Bonus shares allotment date
Impact Assessment
Market Impact: The 1:1 bonus issue will double the outstanding share count of BAZEL INTERNATIONAL LTD from approximately 38.55 lakh shares to 77.10 lakh shares. This will proportionally adjust the share price on the ex-bonus date while maintaining the same market capitalization. The bonus issue typically signals company confidence and improves stock liquidity.
Shareholder Impact: Existing shareholders as of the record date will receive an equal number of additional shares at no cost, maintaining their proportionate ownership while increasing their total shareholding quantity. The action does not create new value but redistributes existing equity capital.
Impact Justification
Standard bonus issue affecting existing shareholders with 1:1 ratio, doubling share count for BAZEL INTERNATIONAL LTD