Shareholders meeting

October 5, 2026 BSE Limited : Code No. – 544042 Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 National Stock Exchange of India Limited : BAJEL – Series: EQ Listing Department Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 Dear Sir/Madam, Sub: Voting Results of Postal Ballot of Bajel Projects Limited (the “Company”) Further to our letter dated September 4, 2026, enclosing the Postal Ballot Notice dated September 4, 2026 (“Notice”), seeking approval of the Members of the Company, and pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”), read with Section 110 of the Companies Act, 2013 (“Act”), Rule 22 of the Companies (Management and Administration) Rules, 2014 and other applicable provisions, if any, we hereby submit the Voting Results of the business transacted through the said Notice, together with the Scrutinizer’s Report on the Resolution passed through Postal Ballot by way of remote e-voting. The details of the business transacted through the Postal Ballot are as follows: Sr.No. Description of Special Business Type of Resolution 1. To approve Material Related Party Transactions between Bajel Ordinary Resolution Projects Limited (“the Company”) and AnantGrid Projects One Private Limited (“AGPOPL”) and/or its to be wholly-owned subsidiary Lakadia A Power Transmission Limited. Please note that, pursuant to the Scrutinizer’s Report dated October 5, 2026, issued by Mr. Anant B. Khamankar, Proprietor of Messrs. Anant B. Khamankar & Co., Practising Company Secretaries, the remote e-voting process conducted in respect of the Postal Ballot concluded on Sunday, October 4, 2026, at 5:00 p.m. (IST), being the last date and time specified for remote e-voting. Based on the Scrutinizer’s Report, the aforesaid Resolution was duly passed by the Members of the Company with the requisite majority. Accordingly, please find enclosed the following: a) Voting results of the said Postal Ballot through remote e-voting, in relation to the aforesaid businesses, as required under Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (Annexure - 1); and b) Scrutinizer's Report dated October 5, 2026, pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (Annexure - 2). The above information is also being uploaded on the Company's website, viz. www.bajelprojects.com and also on the website of MUFG Intime India Private Limited viz. https://instavote.linkintime.co.in/ We request you to take the above on record and that the same be treated as compliance under the provisions of the Act, SEBI Listing Regulations and any other applicable provisions. Thanking you, Yours faithfully, For Bajel Projects Limited Amee Bharatbhai Joshi Company Secretary & Chief Compliance Officer Membership: -A22502 Encl.: As above. Annexure – 1 Voting Results of Postal Ballot Activity through remote e-voting pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Date of the AGM/EGM/ Postal Ballot Notice Friday, September 4, 2026 Cut-Off Date Friday, August 28, 2026 Voting start Date and Time Saturday, September 5, 2026, at 9.00 a.m. (IST) Voting end Date and Time Sunday, October 4, 2026, at 5.00 p.m. (IST) Total number of shareholders on record date (i.e., 81,276 as on the cut-off date for e-voting i.e. August 28, 2026) No. of shareholders present in the meeting either in person or through proxy: Promoter and Promoter group Not Applicable Public Not Applicable No. of shareholders attended the meeting through Video Conferencing Promoter and Promoter group Not applicable (Resolutions passed through Postal Ballot) Public Not applicable (Resolutions passed through Postal Ballot) Bajel Projects Ltd 1 - To approve Material Related Party Transactions between Bajel Projects Limited (“the Company”) and AnantGrid Projects One Private Limited (“AGPOPL”) and/or its to be wholly- Resolution Required :Ordinary owned subsidiary Lakadia A Power Transmission Limited. Whether promoter/ promoter group are interested in the agenda/resolution? % of Votes Mode No. of No. of Polled on No. of No. of % of Votes in shares votes outstanding Votes – Votes – favour on votes % of Votes against Voting held polled shares in favour Against polled on votes polled Voting 0 0.0000 0 0 0.0000 0.0000 Promoter and Poll 0 0.0000 0 0 0.0000 0.0000 72342279 Promoter Postal Group Ballot 0 0.0000 0 0 0.0000 0.0000 Total 0 0.0000 0 0 0.0000 0.0000 Voting 10732828 97.6363 10732828 0 100.0000 0.0000 Public Poll 0 0.0000 0 0 0.0000 0.0000 10992664 Institutions Postal Ballot 0 0.0000 0 0 0.0000 0.0000 Total 10732828 97.6363 10732828 0 100.0000 0.0000 Voting 125334 0.3873 119076 6258 95.0069 4.9931 Public Non Poll 0 0.0000 0 0 0.0000 0.0000 32361992 Institutions Postal Ballot 0 0.0000 0 0 0.0000 0.0000 Total 125334 0.3873 119076 6258 95.0069 4.9931 Total 115696935 10858162 9.3850 10851904 6258 99.9424 0.0576 Annexure - 2 AxerrBKHeuemcen&Co. ,,{,r,arrotJ{iarrr'wnelar, COMPANY SECRETARIES B.CoM. LL.B. tiC.S. HANDHOLDING ENTREPRENEURS. WORLDWIDE. B-510, Neelkanth Business Park, Nathani Road, Vidyavihar (West), Mumbai - 400 086. @ +91-22-2510 4666 C +91-98200 44752 anant@cskhamankar.com / khamankar@gmail.com website : www.cskhamankar.com SCR LTI I N IZE]t'S R EPO-ITT 'I'he Chairman BAJEL PITOJECT'S LIMITID CIN: L31 900M112022PLC37 51 33 801, Rustontjee Aspirce, Anik \{adala Link l{oad, Sion flast, Mr-rmbai - 400022 Dear Sir, Surb: Scrutinizer's Report on Postal Ballot ihrough e-voting conducted in pursuauce to the provisions of Sections 108 and 110 of the Companies Act, 2013 and Rr-rles 20 and 22 of tlic companies (Marrager-nent and Administration) Rules, 201.4, as arnended. We, M/s Anatrt .B. Khanrarrkar & Co., Practicing Cornparry Secretaries, were appointed as tlre Scrutirrizerr by Bajel Projects I-inrited (the "Conrpaltv") pursr.rarrt to the provisions oi Sections l0g and 110 of tlre Companie's Act, 2013 ('Act') ancl Rules 20 and 22 of the Comparries (Management and Administration) Ilules 2014, as anrended by the Companies (Managenrent and Adnrinistration) Arnetrdtlent [i-rlcs, 2021 , to tl'rer extc'rrt applicable, for the purpose of scrutinizing the postal Ballot process corrducted through renrote e-votirrg in a fair and transparent manner and ascertaining the reqltisite nrajority ol1 renlote e-votirrg as per the provisions of the Conrpanies Act, 2013. 1he tlanagernent of tl-re Corlpany is responsible to ensure the compliance with the requirements of the Act and the Rules I'elating to voting through electronic means on tlre resolution contairrecl in the postal llallot Notice dated Septt:nrtrer 4, 2026 ('Notice"). Our responsibility as the'scrutilizer for tlre postal ballot tlrrougl-t retnote e'-r'otitrg proc()ss is rr'stricted to make a Scrutir-rize.r's Report of thc. votes cast "in favor" or "agairrst" tlre resolr.rtion, based on the reports generate.d frorrr the remote e-voting process svstenr provided bv MUFG Intime India Private Limited, the ar,rthorized agencvengaged bv tlreConrpanv to provide. renrote e-votin g fac-i I i ties. |urther to the aborre, rvr: subrrtit our report as under: '1'lre ret'trotc c--r'otitrg rerlairrc.d open fronr Saturdav, September 5,2026, at 9.00 a.nr. (lS'i-) ancl ended on Sunday, Octobcr 4,2026, at 5.00 p.m. (lST) .Scrutin izer Ileport [)rojects Lintited .ANANT B KHAMANKAR & Co. COMPANY SECRETARIES ii. ThPeo stBca1lIlo td aNtoSetedip ctee 4r2,n0 b2ea6rl, o wnigt sht aten,eonutmt a steetrtiianlg facutnsd Seerc t1i0oo2nft hAec atsc onfibrymt ehCdeo mpawneyr see ntth roeulgehc tronic modoen ltyot hoMseem bewrhso see- maaidld rewsesrreees g iswtiettrhheC edo mpany /Depositories. 111. TheM embewrhsow eroenr ecoorftd hC eo mpaansoy n t h"eC ut-dOaft [Showing first 8,000 characters — download PDF for full document]