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Every Spin-Off
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Bajel Projects

BAJEL INCompletedIN
What it does

Builds power transmission lines, substations and electricity distribution networks in India as an engineering and construction contractor.

Power grid constructionIndustrials

Bajaj Electricals demerged its power transmission and distribution EPC business into Bajel Projects, issuing one Bajel share for each Bajaj Electricals share held (record date 14 September 2023), with the new company listing on NSE and BSE.

Distribution date
19 Dec 2023
Structure
Spin-off
Parent
Bajaj Electricals (BAJAJELEC IN)
Spin-off ticker
BAJEL IN
Listing
NSE and BSE
Market
India
Sector
Industrials
Size
small

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