Announcement under Regulation 30 (LODR)- Press Release.

August 12, 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 bagged an Ultra-mega Order Worth INR 600+ Crore for 765kV Transmission Line Package (TL05) under 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 Wins an Ultra-mega Order Worth INR 600+ Crore for 765kV Transmission Line Package (TL05) under WR-ER Inter-Regional Network Expansion Scheme Mumbai, 11 August 2026: Bajel Projects Limited, a Bajaj Group Power EPC company, has been awarded a transmission line package (TL05) in the ultra-mega band*, under the WR-ER Inter-Regional Network Expansion Scheme – Part A. The scope covers construction of 765kV double-circuit transmission lines connecting Raigarh (Tamnar), Raigarh (Kotra) and Dharamjaygarh in Chhattisgarh, reinforcing critical inter-regional power evacuation capacity between the Western and Eastern regions of the national grid. This latest win adds to Bajel's growing order book in high-voltage transmission infrastructure and reinforces the company's position as a preferred EPC partner for strategic grid-strengthening projects across India. Commenting on the development, Mr. Rajesh Ganesh, MD & CEO, Bajel Projects Limited, said: "This order strengthens our presence in high-capacity 765kV transmission infrastructure and reflects the continued trust placed in Bajel's execution capabilities. As India's power grid scales up to meet rising demand, we remain focused on delivering projects that are critical to the nation's energy security and inter-regional connectivity." *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