Announcement under Regulation 30 (LODR) - Change in Management

August 31, 2026 BSE Limited : Code No. 544042 Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 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.: Retirement of Mr. Ajay Suresh Nagle (00773616), Executive Director Ref: Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2025 (“Listing Regulation”). Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), and in continuation of our earlier intimation dated May, 27, 2026, we wish to inform you that Mr. Ajay Suresh Nagle (DIN: 00773616), Executive Director of the Company, has retired from his position as Executive Director of the Company with effect from the close of business hours on 31st August 2026, upon completion of his tenure. The Company places on record its sincere appreciation for the significant contribution, valuable guidance and dedicated services rendered by Mr. Ajay Suresh Nagle during his tenure as the Executive Director of the Company and extends its best wishes to him for his continued success and the very best in all his future endeavours. The information required pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure - 1. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Bajel Projects Limited Amee Bharatbhai Joshi Company Secretary and Chief Compliance Officer Membership No:- A22502 Encl.: As above. ANNEXURE – 1 Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated January 30, 2026. Changes in Directors, Key Managerial Personnel, Senior Management: Sr.No Particulars Details 1. Name of the Director Mr. Ajay Suresh Nagle 2. Reason for change viz. appointment, resignation, removal, Retirement death or otherwise 3. Date of Appointment/ Reappointment/ Cessation (as The retirement shall be applicable) Term of Appointment/Reappointment effective from the close of August 31, 2026 4. Brief Profile (in case of Appointment) Not Applicable 5. Disclosure of relationship between Directors (in case of Not Applicable appointment)