Bajel Projects Share Price

Bajel Projects Limited was incorporated as wholly owned subsidiary of Bajaj Electricals Limited (BEL) pursuant to a Certificate of Incorporation dated January 19, 2022, issued by the Registrar of Companies, Mumbai.Bajel Projects Ltd., is a leading company in the Engineering, Procurement and Construction (EPC) business. The Company deals in Engineering projects, which includes power transmission and power distribution Projects at Ranjangaon, near Pune, Maharashtra. With over two decades, the business encompasses high voltage and extra highvoltage transmission line projects, substations, UG cabling, poles, monopoles, high mast and electrification projects along with feeder separation and lift irrigation projects on a turnkey basis.BPL has proved a track record for its national and international business with an enviable clientele consisting of Power Grid Corporation of India Ltd (PGCIL), Madhya Pradesh Power Transmission Company Ltd (MPPTCL), Haryana Vidyut Prasaran Nigam Ltd (HVPNL), Torrent Power Ltd , Zambia Electricity Supply Corporation (ZESCO), Kenya Power Lighting Company (KPLC), North Bihar Power distribution Company Ltd (NBPDCL), South Bihar Power distribution Company Ltd (SBPDCL) and West Bengal State Electricity Distribution Company Ltd (WBSEDCL) among others.The Company commenced the Power Transmission and Power Distribution Business from January 19, 2022 upon transfer of the Demerged Undertaking to the Company as a going concern. In 202324, pursuant to the Scheme of Arrangement for Demerger, the Power Transmission and Power Distribution Business was transferred and vested from Bajaj Electricals Limited to Company effective from September 01, 2023. Post Demerger Scheme, the Company is engaged in providing solutions that include EPC and project management for all aspects of project execution from conceptualizing to commissioning. The Companys business comprises of providing endtoend EPC solutions or any combination of individual services, depending on customers needs and market opportunity. Their business can be broadly segregated into (i) the power transmission EPC subsegment, which is primarily engaged in construction of EHV transmission lines using lattice towers, monopole, cables, AIS and GIS on turnkey basis and (ii) the power distribution EPC subsegment, which is primarily engaged in providing turnkey solutions for power distribution, feeder separation, rural electrification, and underground cabling. In terms of the Scheme, the Company issued and allotted 11,51,01,953 Equity Shares to the shareholders of BEL in the ratio of 1 fully paidup equity share of the Company having a face value of Rs 2 each for every 1 fully paidup equity share of Rs 2 each of Bajaj Electricals Limited to the shareholders of BajajElectricals Limited.In FY 2025, three substations got completed, including a highvoltage 765/400 kV AIS substation in Dharamjaigarh and two Karnataka Power Transmission Corporation Limited operated substations in Ramasamudra (220/110 kV) and Raichur (110/11 kV), with the Raichur substation commissioned on 4th April, 2025. During FY 2025, the Company has commissioned the 33/11KV Panchmala substation in Angul for Tata Power Central Odisha Distribution Limited (TPCODL).In FY 2026, Key completed projects included the 765 kV NavsariPhadge transmission line, the 400 kV NavsariMagarwada transmission line, the 400/220 kV GIS Substation at Jalpura, the 765 kV BhadlaSikar transmission line, the 400 kV JeyporeJagdalpur transmission line, the 400 kV BawanaMandola line at Maharani Bagh, the Lakhisarai GIS extension, and associated works at Dausa, Rangpo, IndoreII and other grid locations. 1,168 ckm commissioned during FY2026, representing approximately 10% of Indias transmission lines commissioned during 2026.