Bajel Projects allots shares under employee stock option scheme

Bajel Projects Limited announced the allotment of 38,025 equity shares, each with a face value of Rs. 2, to 29 eligible employees. This issuance follows the exercise of stock options granted under the company’s Special Purpose ESOP Scheme 2023. The Stakeholders' Relationship Committee approved this allotment on September 15, 2025.

This transaction will increase the company’s issued, subscribed, and paid-up capital to 115,658,560 equity shares, totaling Rs. 23,13,17,120. The new equity shares will rank pari-passu with existing equity shares. The exercise prices for these shares varied from Rs. 80.85 to Rs. 169.49, with corresponding premiums ranging from Rs. 78.85 to Rs. 167.49.

The company's shares are listed on both the BSE Limited and the National Stock Exchange of India Limited. The allotment details, including distinctive numbers from 118120536 to 118158560 and ISIN number INEOKQN01018, comply with SEBI regulations.