Bondada Engineering Allots 78,000 Equity Shares Under ESOP 2024, Increases Paid-Up Capital

Bondada engineering Limited announced the allotment of 78,000 equity shares to employees under its Employee Stock Option Plan 2024 on April 17, 2026. The Board of Directors approved the allotment following recommendations from the Nomination and Remuneration Committee during a meeting held via audio/video conferencing.

Share Allotment Details

The company allotted 78,000 fully paid-up equity shares with a face value of Rs. 2/- each to employees who exercised their options under the "BEL-Employees Stock Option Plan 2024". The allotment was made at the exercise price of Rs. 2/- per share with no premium charged.

Parameter	Details
Number of Shares Allotted	78,000
Face Value per Share	Rs. 2/-
Exercise Price per Share	Rs. 2/-
Premium per Share	Nil
Date of Allotment	April 17, 2026

Impact on Share Capital

The allotment resulted in an increase in the company's issued, subscribed and paid-up equity share capital. The total number of issued shares increased from 11,15,93,485 to 11,16,71,485 equity shares.

Metric	Before Allotment	After Allotment
Total Issued Shares	11,15,93,485	11,16,71,485
Paid-Up Share Capital	INR 22,31,86,970	INR 22,33,42,970
Face Value per Share	INR 2/-	INR 2/-

Regulatory Compliance and Approvals

The company had received in-principle approval from BSE Limited on March 28, 2024 for the "BEL-Employees Stock Option Plan 2024". The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The newly allotted equity shares rank pari-passu in all respects with the existing equity shares of the company. The Board meeting commenced at 6:00 PM and concluded at 7:00 PM on April 17, 2026. Company Secretary Sonia Bidlan signed the regulatory filing, confirming compliance with SEBI regulations for share-based employee benefits.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.09%	+10.03%	+31.45%	-13.68%	-11.87%	+1,102.71%

Bondada Engineering Limited has successfully commissioned solar power projects aggregating to 48.2 MWp in March 2026, marking a significant operational milestone in its renewable energy expansion. The company announced this achievement through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Commissioning and Execution Details

The solar projects were executed for reputed clients including Paradigm IT and MAHAGENCO across multiple locations in Maharashtra. This successful commissioning reflects the company's strong execution capabilities, technical expertise, and consistent track record in the renewable energy EPC segment.

Parameter:	Details
Commissioned Capacity:	48.2 MWp
Commissioning Period:	March 2026
Client Partners:	Paradigm IT and MAHAGENCO
Project Locations:	Multiple sites in Maharashtra
FY 2025-26 Execution:	~500 MWp
Cumulative Capacity:	~1.3 GWp

Annual Performance and Capacity Milestone

With the completion of these projects, Bondada Engineering Limited achieved approximately 500 MWp of project execution during FY 2025-26. This substantial annual execution has taken the company's cumulative executed capacity to around 1.3 GWp, positioning it as a trusted EPC partner for large-scale solar projects.

Strategic Market Position

The projects were delivered through robust engineering practices, efficient project management, and strict adherence to quality and safety standards, ensuring timely and seamless execution. This achievement further strengthens the company's position in India's renewable energy transition and underscores its contribution to the sector's growth.

Future Growth Outlook

Bondada Engineering Limited remains committed to expanding its renewable energy portfolio, driven by operational excellence and disciplined capital allocation. The company maintains a clear focus on sustainable growth and long-term value creation in the renewable energy EPC segment.