Capacity Expansion at Ranjangaon: Bajel Projects is increasing its galvanization capacity from 40,500 MTPA to 1,10,000 MTPA. • Investment: ₹170 Cr via internal accruals/debt • Timeline: From Q4 FY26 to Q4 FY27 (phased execution) • Purpose: To meet captive demand and boost domestic & export sales. Recent Big Order Wins⚡ July 2: ✅ Secured ₹300–₹400 Cr order for 400kV transmission line from PowerGrid Corp. June 2025: ✅ Bagged ₹100–₹200 Cr order from a leading private energy player. EPC Contract: ✅ Won ₹400+ Cr project from PowerGrid (via MEL Power Transmission SPV) in Madhya Pradesh — for transmission line and substation bay works. Market View With aggressive capex and multiple large orders recently, Bajel is strengthening its position in the power transmission and infrastructure space. After two days of decline, the stock may bounce back on renewed positive sentiment.

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