Bondada Engineering Limited (BSE: 543971) has received trading approval from the Bombay Stock Exchange (BSE) for 15,66,000 equity shares issued on a preferential basis, marking a significant development for the company's capital structure and market presence.

Key Details of the Preferential Issue

Trading Commencement and Regulatory Compliance

The BSE has granted approval for these newly issued shares to commence trading on August 11, 2025. This approval follows the company's compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Warrant Conversion and Capital Infusion

The preferential issue results from the conversion of warrants, indicating a strategic move by the non-promoter investor to increase their stake in the company. This conversion is expected to inject approximately ₹55.00 crore into Bondada Engineering, based on the issue price of ₹351.20 per share.

Management Statement

Sonia Bidlan, Company Secretary of Bondada Engineering Limited, confirmed the receipt of the trading approval in an official communication to the BSE. The company views this development as a positive step, potentially strengthening its financial position and market standing.

About Bondada Engineering Limited

Bondada Engineering Limited, formerly known as Bondada Engineering Pvt Ltd, is headquartered in Hyderabad, Telangana. The company, with its corporate identity number L28910TG2012PLC080018, has been expanding its market presence and this preferential issue may be seen as part of its growth strategy.

Bondada Engineering Limited , a prominent player in the engineering sector, has announced a significant leadership change that promises to steer the company towards new horizons in defense technologies and project execution.

New Leadership at the Helm

Bondada Engineering Limited has appointed Rear Admiral Sreenivas Ratnam (Retd) as the Chief Executive Officer of Bondada Group, effective August 4, 2025. This strategic move brings on board a veteran with approximately 35 years of distinguished service in the Indian Navy, signaling the company's ambition to strengthen its position in defense-related engineering projects.

A Decorated Career

Rear Admiral Ratnam's illustrious career in the Indian Navy includes several high-ranking leadership positions:

• ADG Acquisition Tech (Maritime & Systems)
• Principal Director of Indigenisation
• General Manager (Refits)

His tenure saw him managing capital acquisitions worth over ₹1,80,000.00 crores and leading refits and modernization projects for more than half of the Indian Navy's ships and submarines.

Achievements and Expertise

During his time as ADG Acquisition, Rear Admiral Ratnam played a pivotal role in significantly increasing the Navy's capital budget from ₹18,000.00 crores to ₹52,000.00 crores. This achievement underscores his capability in managing large-scale projects and budgets, a skill set that Bondada Engineering aims to leverage.

Rear Admiral Ratnam's expertise extends beyond military operations. He has been instrumental in:

• Evolution of the Defence Acquisition Procedure (DAP) 2020 policy
• Contributing to the "Make in India" initiative
• Institutionalizing progressive acquisition frameworks

Academic Excellence

The new CEO brings a wealth of academic achievements to his role, including:

• MPhil in Defence & Strategic Studies
• Master of Management Studies (MMS)
• MSc in Defence Studies

All of these qualifications were obtained with distinction, reflecting his commitment to continuous learning and academic excellence.

Strategic Value for Bondada Engineering

The appointment of Rear Admiral Ratnam is expected to bring significant strategic value to Bondada Engineering, particularly in:

1. Leadership
2. Defense technologies
3. Project execution
4. Public sector collaboration

His experience in managing large-scale naval projects and his understanding of defense acquisitions are likely to open new avenues for the company in the defense sector.

Looking Ahead

As Bondada Engineering Limited welcomes Rear Admiral Sreenivas Ratnam to its leadership team, the move signals the company's intent to expand its footprint in defense-related engineering projects. With his extensive experience and proven track record, Rear Admiral Ratnam is well-positioned to guide Bondada Engineering through its next phase of growth and innovation in the engineering and defense sectors.

This appointment marks a new chapter for Bondada Engineering Limited, potentially paving the way for enhanced capabilities in defense technologies and large-scale project management.