Bondada Engineering Limited
Nature of Disclosure: Regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding signing of Memorandum of Understanding.
Key Details:
- Bondada Engineering Limited (formerly Bondada Engineering Pvt Ltd) entered into MoU with Goa Investment Promotion and Facilitation Board (Goa-IPB), Government of Goa on October 30, 2026
- Proposed investment amount: ₹3,000 Crores
- Project locations: State of Goa
- Project sectors: Solar Energy and Bio Gas
- Anticipated employment generation: 700+ opportunities
Government Support Arrangements:
- Goa-IPB agreed to facilitate and extend necessary support for obtaining applicable permissions, registrations, approvals and clearances
- Goa-IPB will facilitate access to eligible fiscal and non-fiscal incentives available under prevailing policies and regulations of Government of Goa
Agreement Status:
- The MoU is explicitly stated as non-binding in nature
- Proposed investments and projects subject to further evaluation, applicable statutory approvals, clearances and other necessary formalities
Strategic Rationale:
- Represents expansion of Group's presence in renewable energy sector
- Strengthens commitment to India's clean energy transition
- Aligned with Government of India's vision of promoting renewable energy, sustainable development and energy security
- Reflects continued focus on expanding renewable energy portfolio and contributing to India's sustainable infrastructure development
Regulatory Compliance:
- Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
- Filed with both Bombay Stock Exchange and National Stock Exchange of India
Company Information:
- Corporate Office: C-26, Kushaiguda Industrial Area, ECIL, Hyderabad, TG-500062
- Signed by Dr. Sonia Bidlan, Company Secretary & Compliance Officer
- Digital signature timestamp: November 3, 2026 at 13:07:39 IST