Bajel Projects Ltd

Bajel Projects Limited has announced a recommended final dividend of ₹0.60 per equity share for FY 2025-26, subject to shareholder approval at the 4th AGM on August 10, 2026. The record date is July 31, 2026, with dividend payout on or before September 08, 2026. The company has communicated to shareholders regarding the process and documentation required for claiming exemptions from Tax Deduction at Source (TDS) on dividends. Shareholders must update details like PAN, residential status, and bank information by July 31, 2026, to ensure timely dividend payout and correct TDS application as per the Income Tax Act.

Bajel Projects Ltd has announced a revision to the date of its 4th Annual General Meeting (AGM). Originally scheduled for August 7, 2026, the AGM will now be held on August 10, 2026. This change follows an earlier intimation on May 27, 2026. The company will issue the AGM notice, annual report for FY 2025-26, and other relevant documents to shareholders and submit them to the stock exchanges in due course, adhering to the Companies Act, 2013, and SEBI LODR Regulations, 2015.

Bajel Projects Limited has announced the closure of its trading window for designated persons, their immediate relatives, and connected persons. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be closed from July 1, 2026, and will reopen 48 hours after the company announces its unaudited financial results for the first quarter ending June 30, 2026. The date of the board meeting to approve these results will be communicated separately.

Bajel Projects Ltd has announced the bagging of a Mega EPC order for an EHV Substation from a Datacenter Client in Mumbai. The order, valued under the 'Mega Orders' category, involves the design, engineering, procurement, supply, erection, testing, commissioning, and performance testing of a 400/220/33 KV GIS Substation. The project has a timeline of 24 months from its commencement date. This significant domestic order does not involve any related party transactions, with the promoter and group companies having no interest in the awarding entity.

Bajel Projects Ltd will hold its 4th Annual General Meeting on August 7, 2026. The Board of Directors has recommended a final dividend of ₹0.60 per share (30%) for FY26, subject to shareholder approval, payable on or after August 11, 2026. The record date for the dividend is July 31, 2026. Additionally, the board approved increasing borrowing limits from ₹3,500 crore to ₹5,000 crore, subject to shareholder approval. Amee Joshi has been appointed as Company Secretary & Chief Compliance Officer, effective May 27, 2026, replacing Ajay Nagle, who will retire on August 31, 2026. Pooja Bajaj has been appointed as an Additional Non-Executive Non-Independent Director, subject to shareholder approval.

Bajel Projects Limited has updated the details of its Key Managerial Personnel (KMP) as per Regulation 30(5) of the SEBI Listing Regulations. The updated information includes the names, designations, and contact details of the KMPs responsible for determining the materiality of events and making disclosures to the stock exchanges.

Bajel Projects Ltd reported strong FY26 results, with revenue from operations at ₹2,792 Cr, a healthy growth over the previous year. Profit Before Tax and Exceptional Items for FY26 stood at ₹42 Cr, up 73%. Profit After Tax for FY26 stood at ₹27 Cr, up 74% year-on-year. The Board recommended a dividend of ₹0.60 per equity share (30% payout). The company secured significant orders including an ultra-mega order from MSETCL and entered into a joint venture with Al Sharif Group in Saudi Arabia.

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.

Bajel Projects Ltd announced the resignation of Mr. Ajay Nagle as Company Secretary & Chief Compliance Officer, effective May 27, 2026. He will continue as Executive Director until August 31, 2026. Ms. Amee Joshi has been appointed as the new Company Secretary & Chief Compliance Officer, also effective May 27, 2026. The board also approved financial results, a dividend of ₹0.60 per share, increased borrowing limits to ₹5,000 crore, and the appointment of Mrs. Pooja Bajaj as an Additional Non-Executive Non-Independent Director, all subject to shareholder approval at the upcoming AGM.

Bajel Projects Ltd's board has recommended a final dividend of ₹0.60 per share (30%) on equity shares with a face value of ₹2 each for FY26, subject to shareholder approval at the 4th AGM. If approved, the dividend will be paid on or after August 11, 2026. The record date for determining shareholders eligible for the dividend is July 31, 2026. The board also approved increasing borrowing limits and appointed Ms. Amee Joshi as Company Secretary & Chief Compliance Officer, while Mr. Ajay Nagle will relinquish this role but remain Executive Director until August 31, 2026. Additionally, Mrs. Pooja Bajaj was appointed as an Additional Non-Executive Non-Independent Director, subject to shareholder approval.