Bajel Projects Limited — Others, 09-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Bajel Projects Limited has announced a board meeting. The company is pursuing arbitration against Purvanchal Vidyut Vitran Nigam Limited to recover outstanding dues from unpaid invoices, incorrect recoveries for duplicate connections, and interest on delayed payments. This dispute involves significant claims that could affect Bajel’s cash flow and financial health, depending on the arbitration outcome. There have been no settlements or resolutions in the matter so far.