Bajel Projects allots shares under employee stock option scheme

Bajel Projects Limited has approved the allotment of 27,750 equity shares, each with a par value of INR 2, to 12 eligible employees who exercised their stock options under the Bajel's Special Purpose ESOP Scheme 2023. The decision was made at the Stakeholders' Relationship Committee Meeting on December 22, 2025. Following this allotment, the company's total issued, subscribed, and paid-up capital now stands at 115,686,310 equity shares, amounting to INR 231,372,620.

The equity shares were issued with exercise prices ranging from INR 85.35 to INR 140.94, and corresponding premiums per share from INR 83.35 to INR 138.94. These new equity shares will rank pari-passu with existing equity shares. The allotment details were filed with both the BSE Limited and the National Stock Exchange of India Limited.

The issuance aligns with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The filing for the Special Purpose Employee Stock Option Scheme 2023 was made on January 01, 2024. The ISIN number for the dematerialized shares is INEOKQN01018.