Bondada Engineering Promoter Acquires Additional 9,600 Shares Through Open Market Purchase

Bondada engineering promoter Dr. Bondada Raghavendra Rao has acquired additional equity shares in the company through open market purchase, as disclosed in a regulatory filing dated March 30, 2026. The acquisition demonstrates continued confidence by the promoter in the company's prospects.

Share Acquisition Details

The promoter acquired 9,600 equity shares on March 27, 2026, through open market transactions. This acquisition represents a marginal increase in his shareholding percentage.

Parameter: Details Shares Acquired: 9,600 Acquisition Date: March 27, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.009%

Shareholding Pattern Changes

The acquisition has resulted in a slight increase in Dr. Bondada Raghavendra Rao's shareholding in the company. His total holding has moved from 5,02,65,400 shares to 5,02,75,000 shares.

Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 5,02,65,400 5,02,75,000 +9,600 Percentage Holding: 45.043% 45.052% +0.009% Diluted Percentage: 45.043% 45.052% +0.009%

Company Capital Structure

Bondada Engineering Limited's equity share capital structure remains unchanged following this acquisition. The company maintains its existing capital base with no dilution.

Capital Structure: Details Total Equity Capital: Rs. 22,31,86,970 Number of Shares: 11,15,93,485 Face Value per Share: Rs. 2 Listing Exchange: BSE Limited

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dr. Bondada Raghavendra Rao confirmed his status as a promoter of the company and disclosed that no persons are acting in concert with him for this acquisition. The filing indicates no encumbrances, voting rights other than equity shares, or convertible securities are involved in this transaction.

Bondada Engineering Limited has announced the incorporation of a new subsidiary company to execute a renewable energy project awarded by Maharashtra State Power Generation Company Limited (MAHAGENCO). The company informed BSE Limited about this strategic development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Subsidiary Formation

The newly incorporated subsidiary, BONDADA DINESH SPV PRIVATE LIMITED, has been established as a Special Purpose Vehicle (SPV) specifically for the execution and implementation of the MAHAGENCO project. This formation was mandated by the terms and conditions of the Request for Proposal (RFP) and the Letter of Award (LOA), which require the creation of a project-specific entity for undertaking the awarded project.

Parameter: Details Subsidiary Name: BONDADA DINESH SPV PRIVATE LIMITED Purpose: Special Purpose Vehicle for MAHAGENCO project Authorized Capital: Rs. 1,00,000/- (10,000 shares of Rs. 10/- each) Paid-up Capital: Rs. 1,00,000/- (10,000 shares of Rs. 10/- each) Bondada's Shareholding: 51% Business Status: Yet to commence operations

Consortium Structure and Project Details

The MAHAGENCO project is being executed through a consortium arrangement where Bondada Engineering Limited serves as the Lead Member and Dinesh Engineers Limited acts as the Consortium Member. The SPV structure enables the consortium to fulfill contractual obligations including execution, financing, and operation of the renewable energy project.

The subsidiary will operate in the renewable energy sector, focusing on Operation & Maintenance services for solar and hybrid projects. Its business scope includes procuring, developing, owning, installing, operating, maintaining and managing renewable energy systems, along with research and development in renewable energy technologies.

Strategic Alignment

The incorporation of this subsidiary aligns with Bondada Engineering Limited's long-term strategic vision and aims to strengthen its presence in the Power & Energy sector. The company has positioned this move as part of its expansion strategy in renewable energy operations and maintenance services.

Business Focus: Details Primary Sector: Operation & Maintenance – Renewable Energy Technology Focus: Solar and hybrid projects Additional Services: Energy storage, grid stabilization, frequency regulation Registration: Registrar of Companies, Hyderabad, Telangana

Regulatory Compliance

The subsidiary incorporation was completed in compliance with SEBI regulations and circular requirements. The company has provided comprehensive details as mandated under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders and regulatory authorities.

This strategic move represents Bondada Engineering Limited's commitment to expanding its renewable energy portfolio and executing large-scale power projects through specialized subsidiary structures.

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