Bajel Projects Ltd

Bajel Projects Limited announced that Ajay Suresh Nagle, Executive Director (DIN: 00773616), has retired from his position effective August 31, 2026, as previously intimated on May 27, 2026, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bajel Projects Limited informed the BSE Limited and National Stock Exchange of India Limited that Ajay Suresh Nagle (DIN: 00773616), Executive Director, has retired from his position with effect from the close of business hours on August 31, 2026, completing his tenure, as stated in a prior communication dated May 27, 2026.

Bajel Projects Ltd. is up 1.81% to Rs 192.5 today, building on recent gains and rising 4.73% over the last one week. Bajel Projects Limited has secured an Ultra Mega Engineering, Procurement, and Construction (EPC) order from PowerGrid Corporation of India Limited (PGCIL), acting on behalf of its Special Purpose Vehicle, WR ER Part A Power Transmission Limited, for the construction of a 765 kV transmission line. The project, valued at Rs 400 Cr and above, encompasses bypassing and LILO (Loop-In, Loop-Out) of transmission lines associated with the WR-ER Inter-Regional Network Expansion Scheme – Part A, with a completion period of 33 months from the date of the Notification of Award. The company confirmed that neither promoters, promoter groups, nor group companies have any interest in the awarding entity, and the transaction does not constitute a related-party transaction. Trading volume reached 4.35 lakh shares today, a surge of 116.75% compared to the average volume of the last one week. Bajel Projects Ltd eased by 9.98% year-over-year, underperforming the 0.46% loss in the NIFTY50 index.

Bajel Projects Limited announced it has secured a mega order from PowerGrid Corporation of India Limited (PGCIL), acting through its Special Purpose Vehicle, WR ER Part A Power Transmission Limited, for transmission line works. The order, valued as a "Mega Order" between Rs 50 Cr and Rs 100 Cr, involves the EPC construction of a 400 kV Transmission Line from LILO of Ranchi (New) - New PPSP 400kV D/C line at Jamshedpur (New) over a period of 27 months. The company confirmed that neither promoters, promoter groups, nor group companies have any interest in the awarding entity, and the transaction does not constitute a related party transaction.

Bajel Projects Limited announced it has secured an Ultra-Mega order from PowerGrid Corporation of India Limited (PGCIL), acting through its Special Purpose Vehicle, WR ER Part A Power Transmission Limited, for transmission line works. The order, valued at Rs 400 Cr and above, involves the construction of a 765 kV Transmission Line from Raigarh (Tamnar) – Jamshedpur (New) Part - II, with a project completion period of 33 months from the date of the Notification of Award, and is considered to be within the company’s ordinary course of business; neither the company’s promoters nor group entities have any interest in the awarding entity, and the transaction does not constitute a related party transaction.

Bajel Projects Ltd announced today the reaffirmation of credit ratings across several instruments, as initially notified by rating agencies. These reaffirmed ratings include instruments such as Long Term Bank Loans, Short Term Bank Loans, Long Term Debt, Short Term Debt, Commercial Paper, and Perpetual Infra Bonds, each carrying an amount of N/A, with the reaffirmed rating being N/A, and the action being a reaffirmation, with notes indicating an initial notification of credit rating reaffirmation without providing specific details. No enhancements, assignments, or withdrawals were indicated by the rating agencies regarding any of the listed instruments.

Bajel Projects Limited will hold a board meeting on Friday, August 07, 2026, to consider and approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for the company's securities will be closed for designated persons from July 1, 2026, and will reopen 48 hours after the financial results are made public on August 07, 2026.

Bajel Projects announced that the Annual General Meeting(AGM) of the company will be held on 10 August 2026.

Bajel Projects has received an order from Mumbai-based data center client for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of 400/220/33 KV GIS Substation for data center. According to the company's project classification, the value of the order is between Rs 300-400 crore.

The contract has been awarded by a domestic entity and qualifies as a Mega Order as per the company's classification policy (Rs 300 cr to Rs 400 cr). The scope of work comprises EPC execution of the said substation, with an execution period of 24 months from the commencement date. The promoter/promoter group/group companies do not have any interest in the awarding entity, and the transaction does not fall under related party transactions and is being undertaken at arm's length basis. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the power transmission and power distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. Powered by Capital Market - Live