Mumbai, 7 April 2025: Bajel Projects Limited (Bajel), a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors, today announced the appointment of Nitesh Bhandari as its new CFO & Joint President, effective 1^st May 2025. Nitesh is a chartered accountant with over 26 years of strong finance experience. Prior to joining Bajel Projects, he was CFO & Executive Director of Gujarat Gas Limited, a large BSE-listed infrastructure services company, where he led the finance, accounts and investor relations departments.

Nitesh Bhandari, CFO of Bajel Projects

Mr. Rajesh Ganesh, Managing Director and CEO, said, “We are confident that Nitesh’s vast and strong expertise in finance & investor relations will be invaluable as Bajel continues to strategically grow the business sustainably going forward”. Nitesh succeeds Binda Misra, who has decided to pursue interests outside of Bajel Projects Limited after 28 years of dedicated service. Bajel Projects Limited thanks Binda Misra for his dedication and commitment to the company and wish him all the best in his future endeavors.”

“I am thrilled to join the dynamic team at Bajel Projects as CFO & Joint President. I look forward to working with the team to contribute to the company’s continued growth, financial stability, and strategic objectives,” said Nitesh. Building and implementing Bajel’s overall financial strategy in alignment with its business goals would be one of the key undertakings for Nitesh as he takes the reins at Bajel Projects Limited.