Bajel Projects Limited — Share Issue/Capital Change 2026

Mar 17, 2026

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March 17, 2026

To, BSE Limited Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

: Code No. 544042

National Stock Exchange of India Limited Listing Department Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051

: BAJEL – Series: EQ

Dear Sir/Madam,

Sub.: Allotment of 10,625 equity shares of Rs.2 each on exercise of options by eligible employees.

Re.: 9[th] Meeting of Stakeholders’ Relationship Committee

[Meeting commencement time: 04:00 P.M.; Meeting conclusion time: 04:36 P.M.]

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), we wish to inform you that the Stakeholders’ Relationship Committee, at its Meeting held today i.e. on Tuesday, March 17, 2026, has approved the allotment of 10,625 equity shares of Rs. 2 each, fully paid-up, in favour of 6 Employees who were granted stock options under the Bajel’s Special Purpose ESOP Scheme 2023.

Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,56,96,935 equity shares of Rs. 2 each fully paid-up amounting to Rs. 23,13,93,870/-.

The details as required under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, are enclosed as Annexure A .

We request you to take the above on record and that the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations and other applicable laws.

Thanking you,

Yours faithfully, For Bajel Projects Limited

Digitally signed by AJAY SURESH AJAY SURESH NAGLE NAGLE Date: 2026.03.17 16:39:33 +05'30'

Ajay Nagle Executive Director, Company Secretary & Chief Compliance Officer Membership No.: - A9855

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Annexure A SCHEDULE I

	Annexure A SCHEDULE I	Annexure A SCHEDULE I	Annexure A SCHEDULE I	Annexure A SCHEDULE I	Annexure A SCHEDULE I	Annexure A SCHEDULE I
	[Part E read with Reg 10(c) of SEBI(Share Based Employee Benefits and Sweat Equity) Regulations, 2021]
1	Company Name and address of Registered Office	:		BAJEL PROJECTS LIMITED Rustomjee Aspiree, 8thFloor, Bhanu Shankar Marg, Off, Eastern Express Highway, Sion (E), Mumbai- 400 022 CIN- L31900MH2022PLC375133
2	Name of the recognised Stock Exchanges on which the company’s shares are listed	:		BSE Limited (BSE) National Stock Exchange of India Limited(NSE)
3	Filing date of the statement referred in regulation 10(b) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, with the recognised Stock Exchange	:		Bajel Projects Ltd - Special Purpose Employee Stock Option Scheme 2023 BSE: - January 01, 2024 NSE: - January01,2024
4	FilingNumber,if any	:		NIL
5	Title of the Scheme pursuant to which shares are issued,if any	:		Bajel Projects Ltd - Special Purpose Employee Stock Option Scheme 2023
6	Kind of Securityto be listed	:		EquityShares
7	Par value of the shares	:		Rs. 2.00per share
8	Date of issue of shares	:		March 17,2026
9	Number of shares issued	:		10,625
10	Share Certificate No.,if applicable	:		Not Applicable
11	Distinctive number of the share,if applicable	:		118186311 to 118196935
12	ISIN Number of the shares if issued in Demat	:		INE0KQN01018
13	Exercise Price per share	:		Scheme	Grant Date	Grant Price (Rs)
				Special Purpose ESOP Scheme 2023	9-Jan-24	89.56
						96.02
						119.03
						122.68
14	Premium per share	:		Scheme	Grant Date	Grant Price (Rs)
				Special Purpose ESOP Scheme 2023	9-Jan-24	87.56
						94.02
						117.03
						120.68
15	Total Issued Shares after this issue	:		11,56,96,935 EquityShares
16	Total Issued Share capital after this issue	:		Rs. 23,13,93,870/-
17	Details of anylock-in on the shares	:		Not Applicable
18	Date of expiryof lock-in	:		Not Applicable
19	Whether shares identical in all respects to existing shares If not,when will theybecome identical?	:		Yes, the new equity shares issued shall rank pari -passu with the existingequityshares.
20	Details of Listingfees,ifpayable	:		Not Applicable

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