Board Meeting27 May 2026, 08:21 pm
Bajel Projects Appoints Pooja Bajaj as Non-Executive Director
AI Summary
Bajel Projects Ltd announced the appointment of Mrs. Pooja Bajaj as an Additional Non-Executive Non-Independent Director, effective May 27, 2026, subject to shareholder approval at the upcoming AGM. The board also approved the recommendation of a final dividend of ₹0.60 per share (30%) for FY26, and an increase in borrowing limits from ₹3,500 crore to ₹5,000 crore, subject to shareholder approval. Additionally, Ms. Amee Joshi was appointed as Company Secretary & Chief Compliance Officer, while Mr. Ajay Nagle will relinquish the position but continue as Executive Director until August 31, 2026.
Key Highlights
- Pooja Bajaj appointed as Non-Executive Non-Independent Director, effective May 27, 2026.
- Final dividend of ₹0.60 per share (30%) recommended for FY26, payable post AGM approval.
- Borrowing limits increased from ₹3,500 crore to ₹5,000 crore, subject to shareholder approval.
- Amee Joshi appointed as Company Secretary & Chief Compliance Officer from May 27, 2026.
- Ajay Nagle to relinquish Company Secretary role but remains Executive Director until August 31, 2026.
Price Impact
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