Announcement under Regulation 30 (LODR)- Press Release

August 10, 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 Sub.: Press Release Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that Bajel Projects Limited (“the Company”) has received two significant orders from Power Grid Corporation of India Limited (POWERGRID) under the Western Region–Eastern Region (WR-ER) Inter-Regional Network Expansion Scheme. We request you to take the above on record and treat the same as compliance under the applicable provisions of the SEBI Listing Regulations. Thanking you, Yours faithfully, For Bajel Projects Limited Amee Bharatbhai Joshi Company Secretary & Chief Compliance Officer (Membership No.: A22502) Encl.: As above. PRESS RELEASE Bajel Projects Secures an Ultra-Mega Order worth INR 400 Cr+ and a Mega Order worth INR 300Cr+ under the WR-ER Inter-Regional Network Expansion Scheme Mumbai, 10th August, 2026 — Bajel Projects Limited, a leading EPC player in power transmission infrastructure, has been awarded two EPC orders for transmission line packages TL06 and TL02, both associated with the “WR-ER Inter-Regional Network Expansion Scheme – Part A”. Per the Company's project classification policy (inclusive of GST), TL06 qualifies as a Mega* order and TL02 as an Ultra- Mega* order. Scope of Work 1. TL06 – LILO of Ranchi (New) – New PPSP 400kV D/C Line at Jamshedpur (New) The scope covers the design, supply, erection, testing and commissioning of new 400kV double-circuit transmission lines connecting Jamshedpur (New) with Ranchi (New) and New PPSP. 2. TL02 – Raigarh (Tamnar) – Jamshedpur (New) 765kV D/C Line, Part-II The scope covers the construction of a new 765kV double-circuit transmission line from Raigarh (Tamnar) to Jamshedpur (New), Part-II. Together, the two packages will reinforce inter-regional power evacuation capacity between the Western and Eastern Regions, strengthening grid connectivity across Chhattisgarh and Jharkhand and supporting the broader WR-ER corridor. Commenting on the wins, Rajesh Ganesh, Managing Director & CEO, Bajel Projects Limited, said: “Bagging two orders – TL06 and TL02 – under the WR-ER Inter-Regional Network Expansion Scheme in quick succession is a strong endorsement of Bajel's execution capabilities across both 400kV and 765kV transmission systems. These packages are critical to strengthening power flow between the Western and Eastern regions, and together they mark one of our largest transmission line wins to date. Our teams are fully geared up to deliver both projects safely, and to the highest standards of quality.” *The company's policy categorizes project wins, inclusive of GST, into the following financial bands: Significant Orders Large Orders Major Orders Mega Orders Ultra-mega Orders Rs. 50 Cr to Rs. Rs. 100 Cr to Rs. Rs. 200 Cr to Rs. Rs. 300 Cr to Rs. Rs. 400 Cr and 100Cr 200 Cr 300 Cr 400 Cr Above About Bajel Projects Limited Bajel Projects Limited (Bajel) is a leading company in the business of power infrastructure, with a strong domestic and international presence in the Power Transmission and New Energies (formerly Power Distribution) sectors. Being part of Bajaj group, Bajel is known for its project management skills and excellence in driving operations, making it a preferred partner for several states, national and international utilities and private infrastructure players. Bajel was formerly part of Bajaj Electricals Limited under the EPC segment and is powered by the same beliefs and values that have guided its growth for over last 2 decades at Bajaj Electricals Ltd. For more information visit: https://bajelprojects.com/ For further information, please contact: Media Queries: corporate.communications@bajelprojects.com Investor Queries: investor.relations@bajelprojects.com Page 1 of