Bondada Engineering Acquisition Worth ₹2.5 Cr
Subsidiary Atpole Technologies bought 5,100 shares of electric two-wheeler maker BTM Mobility for Rs 2.50 Crore cash. The completed deal targets inorganic growth in e-two-wheelers.
- Value
- ₹2.50 Cr
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Subsidiary Atpole Technologies bought 5,100 shares of electric two-wheeler maker BTM Mobility for Rs 2.50 Crore cash. The completed deal targets inorganic growth in e-two-wheelers.
Bondada Engineering's subsidiary ATPL acquired 51% of BTM Mobility Pvt Ltd, an electric two-wheeler manufacturer. The acquisition is for cash consideration; no specific amount was disclosed.
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.