Pursuant to Regulation 30 of SEBI (LODR), we are enclosing herewith the press release dated 23rd February, 2026
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Telge Projects Ltd has opened a new branch office in Nashik, Maharashtra, focused on 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 to boost delivery capacity. A phased ramp-up is expected to increase operational bandwidth by around 40%, with full staffing planned within 3–4 months. The office has been taken on lease, so there is no major capital expenditure — only spend on infrastructure and IT systems. Revenue contribution from the Nashik office is expected to begin from March 2026, and the expansion is backed by confirmed orders.
This is a capacity-building move that should support future revenue growth starting Q4 FY26, with limited balance sheet impact due to the lease-based setup. For shareholders, it signals management's confidence in order pipeline and focus on scalable, capital-efficient expansion.