
Subsidiary19 Jul 2026, 12:30 pm
Bajel Projects Incorporates Wholly Owned Subsidiary in UAE
AI Summary
Bajel Projects Limited has announced the incorporation of its wholly owned subsidiary, BAJEL T AND D PROJECTS AND CONTRACTING - L.L.C - S.P.C, in Abu Dhabi, United Arab Emirates, on July 18, 2026. The subsidiary, with an initial share capital of AED 100,000, will focus on Engineering, Procurement, and Construction (EPC) projects related to power transmission, power distribution, and allied infrastructure in the UAE. This move aims to strengthen the company's presence in the Middle East market. The incorporation is in line with applicable laws, and necessary approvals have been obtained. Bajel Projects Limited will hold a 100% stake in the new entity.
Key Highlights
- Bajel Projects establishes a wholly owned subsidiary in UAE.
- New entity to focus on EPC projects in power transmission and distribution.
- Aims to expand company's presence in the Middle East market.
- Initial share capital of AED 100,000 subscribed by parent company.
Price Impact
More from BAJEL