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Bajel Projects Limited ( (IN:BAJEL) ) has issued an update.
Bajel Projects Limited has approved the allotment of 10,625 fully paid equity shares of Rs. 2 each to six eligible employees upon exercise of options granted under its Special Purpose ESOP Scheme 2023. Following this issuance, the company’s issued, subscribed and paid-up share capital has increased to 11,56,96,935 equity shares, amounting to Rs. 23.13 crore, with the new shares ranking pari passu with existing equity, slightly diluting existing holdings while reinforcing the firm’s ESOP-led employee alignment.
The shares, issued on March 17, 2026, will be listed on BSE and NSE with the same ISIN as the company’s existing equity, ensuring full fungibility in the secondary market. This modest capital expansion underscores Bajel’s ongoing use of stock options to incentivise key staff, aligning management and employee interests with shareholders without materially altering the company’s overall capital structure or control dynamics.
More about Bajel Projects Limited
Bajel Projects Limited is an India-listed company whose equity shares trade on both BSE and the National Stock Exchange of India. The company operates under the Special Purpose Employee Stock Option Scheme 2023, using equity-based incentives as part of its employee compensation and retention strategy in the domestic capital market.
Average Trading Volume: 31,544
Technical Sentiment Signal: Sell
Current Market Cap: 19.42B INR
See more data about BAJEL stock on TipRanks’ Stock Analysis page.