Bondada Engineering Limited's Board of Directors meeting held on 24th July 2026 approved multiple resolutions:

Financial Matters

  • Recommended declaration of final dividend of 14% for Financial Year 2025-26
  • Fixed August 14, 2026 as Record Date for determining entitlement for final dividend
  • Authorized opening of final Dividend Account for FY 2025-26
  • Approved appointment of Cost Auditor for Financial Year 2026-27
  • Approved and recommended ratification of remuneration of Cost Auditors for FY 2025-26
  • Approved appointment of Internal Auditor for Financial Year 2026-27

Corporate Governance & Appointments

  • Considered and approved Director's Report along with Secretarial Audit Report for FY ended March 31, 2026
  • Considered and approved Cost Auditor's Report for FY ended March 31, 2026
  • Recommended reappointment of Mrs. Neelima Bondada and Dr. Bondada Raghavendra Rao who retire by rotation
  • Approved appointment of Secretarial Auditor for 5 years commencing from FY 2026-27
  • Appointed Mr. P. Dinakara Rao (DIN: 00009801) as Additional Independent Director to hold office until ensuing Annual General Meeting

Capital Structure & Fundraising

  • Proposed to Members for approval of Borrowing Powers under Section 180(1)(c) of Companies Act, 2013 up to ₹10,000 Crores
  • Proposed to Members for approval of Creation of Security under Section 180(1)(a) of Companies Act, 2013
  • Authorized raising funds through issuance of NCDs or any other suitable options up to ₹500 Crores subject to member approval

Listing Migration

  • Approved migration of listing and trading of equity shares from SME Platform of BSE to Main Board of BSE and NSE
  • Record date for determining eligible shareholders for Postal Ballot fixed at 24th July, 2026
  • Subject to approval of members by special resolution through Postal Ballot

AGM Arrangements

  • Appointed Vivek Surana & Associates as Scrutinizer for e-voting in AGM and Postal Ballot
  • Appointed KFin Technologies Limited as E-voting Agency for AGM and Postal Ballot
  • Approved holding AGM for FY 2025-26 on 21st August 2026
  • Notice of AGM with e-voting instructions to be sent via email to shareholders as of cut-off date 24th July 2026

Director Appointment Details

Mr. P. Dinakara Rao was appointed as Additional Independent Director specifically due to the company's migration from SME Board to main boards of BSE and NSE. He will hold office until the ensuing AGM and for a subsequent period of 5 years subject to regularization. He is not related to any existing Directors or Key Managerial Personnel, holds 3 other directorships, and is not debarred from holding director office by SEBI or any authority.

Mr. Rao is a distinguished banking professional with over four decades of experience, having retired as Chief General Manager of State Bank of Hyderabad in 2005. He has served as Arbitrator on panels of NSE, BSE, and NCDEX, and holds postgraduate degree in Applied Economics.

The Board meeting commenced at 11:00 AM and concluded at 1:00 PM on 24th July 2026. All disclosures will be made available on the company website at www.bondada.net.