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.

Bondada Engineering Limited (BSE: 543971) announced a significant milestone for its subsidiary, Bondada E&E Private Limited, as its lighting brand Bee-lite received Category-1 approval under the Standard Schedule of Rates (SSR) from the Government of Andhra Pradesh. This development marks a crucial step in the company's expansion strategy within the energy-efficient lighting solutions sector.

Key Highlights

• Bee-lite, owned by Bondada E&E Private Limited, secures Category-1 approval under Andhra Pradesh's Standard Schedule of Rates.
• The approval enables Bee-lite to participate in government infrastructure and development projects in Andhra Pradesh.
• This milestone is expected to enhance Bondada Engineering's market reach and credibility in the energy-efficient lighting sector.

Implications for Bondada Engineering

The Category-1 approval under the SSR is a significant achievement for Bondada Engineering Limited. This certification allows Bee-lite to actively participate in various government-led infrastructure and development initiatives throughout Andhra Pradesh. The company views this as a strategic opportunity to strengthen its position in the competitive energy-efficient lighting solutions market.

Sonia Bidlan, Company Secretary of Bondada Engineering Limited, stated in the official intimation to BSE, "This approval marks a significant milestone in the Company's efforts to expand its footprint in the energy-efficient lighting solutions sector." She further added that the SSR Category-1 approval "will contribute positively to the growth prospects of Bondada Engineering Limited."

Market Impact

The announcement is expected to have a positive impact on Bondada Engineering's market position. By gaining access to government projects in Andhra Pradesh, the company has opened up new avenues for growth and revenue generation. This development aligns with the company's strategy to expand its presence in the energy-efficient lighting sector and could potentially lead to increased business opportunities and partnerships.

About Bondada Engineering Limited

Bondada Engineering Limited, formerly known as Bondada Engineering Pvt Ltd, is headquartered in Hyderabad, Telangana. The company operates in the engineering and infrastructure sector, with a growing focus on energy-efficient solutions through its subsidiary Bondada E&E Private Limited.

Investors and stakeholders will likely watch closely to see how this approval translates into tangible business growth and project acquisitions for Bondada Engineering in the coming months.