Bajel Projects Limited — Important, 21-02-2025: Updates

The Stakeholders’ Relationship Committee has approved the allotment of 21,857 equity shares, valued at Rs. 2 each, following the exercise of options by 19 eligible employees under Bajel's Special Purpose ESOP Scheme. This brings the company’s total issued, subscribed, and paid-up capital to 11,56,02,685 equity shares, totaling Rs. 23,12,05,370. This employee engagement reflects a commitment to incentivizing talent, which could enhance retention and align employee and shareholder interests. Investors should watch closely for how this will impact the company's operational dynamics and employee productivity.