Bondada Engineering Board Meeting Outcome
Bondada Engineering amended its Whistle Blower Policy and reconstituted the Stakeholders Relationship Committee at its board meeting.
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Bondada Engineering amended its Whistle Blower Policy and reconstituted the Stakeholders Relationship Committee at its board meeting.
Bondada Engineering's JV with BEST Infra received a ₹41.01 Crore smart metering LOI from TGNPDCL for 40,000 meters. Execution spans 11 months from PO date.
Bondada Engineering received BSE in-principle approval to migrate from the SME Platform to the Main Board. This milestone enhances the company's market visibility and capital market participation.
Bondada Engineering is acquiring PhotonicGrid Networks Private Limited for ₹1.50 Crore. The deal expands its telecom infrastructure business into fibre optic network operations.
Bondada Engineering acquired Bondada Hindupur BESS Project Private Limited for ₹0.10 Crore. This SPV will develop and operate a new BESS project.
Bondada Engineering's AGM voting results show all nine resolutions were passed, including approval for related party transactions and increased borrowing powers.
Bondada Engineering Limited incorporated a wholly-owned subsidiary, Bondada Hindupur BESS Project Private Limited. The SPV will execute a 225 MW / 450 MWh energy storage project.