Intimation under Regulation 30 of the SEBI LODR regulation, 2015 for opening of new branch office in Nashik, Maharashtra.
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Telge Projects Ltd has inaugurated a new branch office in Nashik, Maharashtra to handle AEC BIM modeling, structural steel detailing, precast detailing, and project coordination for international clients. The facility has a seating capacity of 70 professionals and will operate on a two-shift model, with a phased ramp-up expected to boost operational bandwidth by around 40% over the next three to four months. Revenue contribution from the Nashik office is expected to begin from March 2026. The office has been taken on lease, with no material capital expenditure involved — investments are limited to infrastructure setup and IT systems.
This is a low-cost, capacity-building expansion backed by confirmed orders, which should support delivery capabilities and operational performance in upcoming quarters. However, given the limited capex and gradual ramp-up, the immediate impact on earnings is likely to be modest.