Bondada Engineering Merger & Restructuring Worth ₹0.05 Cr
Bondada Engineering incorporated Bondada International FZ-LLC in RAKEZ, UAE, as a wholly owned subsidiary. The subscription amounts to AED 20,000, about Rs.0.05 Crore.
- Value
- ₹0.05 Cr
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Bondada Engineering incorporated Bondada International FZ-LLC in RAKEZ, UAE, as a wholly owned subsidiary. The subscription amounts to AED 20,000, about Rs.0.05 Crore.
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.
Bondada Engineering's subsidiary, Bondada Dynamics, has executed an agreement to acquire a 75% stake in KCS Engineering Solutions. This expands the group's presence in defence and aerospace.
Bondada Engineering acquired a 60% stake in Onix IPP Private Limited. This acquisition enables development of a 225 MW solar power project in Maharashtra.