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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 has been awarded two EPC orders for transmission line packages TL06 and TL02, both associated with the �WR-ER Inter-Regional Network Expansion Scheme - Part A�. Per the Company`s project classification policy (inclusive of GST), TL06 qualifies as a Mega order (valued between Rs 300-400 crore) and TL02 as an Ultra Mega order (valued above Rs 400 crore). Scope of Work:TL06 - LILO of Ranchi (New) - New PPSP 400kV D/C Line at Jamshedpur (New) The scope covers the design, supply, erection, testing and commissioning of new 400kV double-circuit transmission lines connecting Jamshedpur (New) with Ranchi (New) and New PPSP. TL02 - Raigarh (Tamnar) - Jamshedpur (New) 765kV D/C Line, Part-II The scope covers the construction of a new 765kV double-circuit transmission line from Raigarh (Tamnar) to Jamshedpur (New), Part-II.Together, the two packages will reinforce inter-regional power evacuation capacity between the Western and Eastern Regions, strengthening grid connectivity across Chhattisgarh and Jharkhand and supporting the broader WR-ER corridor.

Net profit of Bajel Projects rose 59.80% to Rs 4.73 crore in the quarter ended June 2026 as against Rs 2.96 crore during the previous quarter ended June 2025. Sales declined 7.11% to Rs 558.63 crore in the quarter ended June 2026 as against Rs 601.36 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales558.63601.36 -7 OPM %3.322.69 - PBDT12.028.70 38 PBT7.074.09 73 NP4.732.96 60 Powered by Capital Market - Live News

Bajel Projects has received revision in credit ratings from CRISIL as under:Total bank facilities rated - Rs 3,500 crore Long term rating - CRISIL A+/ Stable (upgraded) Short term rating - CRISIL A1 (reaffirmed)

Bajel Projects will hold a meeting of the Board of Directors of the Company on 7 August 2026.