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- Financial Update
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Bajel Projects successfully held its 3rd Annual General Meeting, with shareholders approving all seven proposed resolutions by an overwhelming majority. Key approvals included the adoption of financial statements and the re-appointment of Mr. Ajay Suresh Nagle as director, along with the appointment of Mr. Sudarshan Sampathkumar as an Independent Director. Notably, the Board also received authorization to borrow up to Rs 3,500 Cr and create charges on company assets for the same amount. This move provides the company with substantial financial flexibility to support its future growth and operational initiatives.