Bajel Projects Incorporates Wholly Owned Subsidiary in UAE for Middle East Expansion
Bajel Projects Limited has expanded its international footprint by incorporating a wholly owned subsidiary company in Abu Dhabi, United Arab Emirates. The new entity is being established to support the parent company's growth and engagement in the construction and infrastructure sector across the Middle East.The subsidiary, named BAJEL T AND D PROJECTS AND CONTRACTING - L.L.C - S.P.C, was incorporated on July 18, 2026, in Abu Dhabi. This strategic move is intended to strengthen Bajel Projects Limited’s presence in the Middle East by enabling it to undertake specialized Engineering, Procurement and Construction (EPC) projects within the region.
The subsidiary's primary focus will be on projects related to power transmission and power distribution, substations, electrical infrastructure, and allied contracting activities across the United Arab Emirates.
Bajel Projects Limited will subscribe to the entire issued share capital of the new entity. The company holds 100% equity control over BAJEL T AND D PROJECTS AND CONTRACTING - L.L.C - S.P.C.
Key details regarding the newly incorporated subsidiary are as follows:
| Particulars | Details |
|---|---|
| Subsidiary Name | BAJEL T AND D PROJECTS AND CONTRACTING - L.L.C - S.P.C |
| Date of Incorporation | July 18, 2026 |
| Country of Incorporation | United Arab Emirates (UAE) |
| Industry Focus | Engineering, Procurement and Construction (EPC) in power transmission and distribution. |
| Shareholding by Bajel Projects Limited | 100% equity share capital |
| Issued Share Capital | AED 100,000 (United Arab Emirates Dirhams One Hundred Thousand only) |
As a newly incorporated entity, the subsidiary has no turnover history. The incorporation is in line with the applicable laws of Abu Dhabi and the United Arab Emirates, establishing a dedicated operational arm for the company's regional business objectives.
BAJEL Stock Price Movement
Shares of Bajel Projects Limited slipped on Friday, finishing at ₹177.56 after shedding 1.67% or ₹3.00 from previous closing levels. The stock recorded a volume of 150,112 shares as it settled for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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