Announced Sat, 6 Sept · 23:29 IST

AGM Notice

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bondada Engineering has filed its Annual Report for FY 2024-25 along with the notice for its 13th AGM scheduled for September 30, 2025, to be held via video conferencing. The AGM will seek shareholder approval for adopting audited financial statements, declaring a final dividend of Rs. 0.10 per equity share, re-appointing Mr. Satyanarayana Baratam as a director, revising remuneration of the CMD and Whole Time Director, appointing Mr. Kadim Narayana Kumar as Independent Director for 5 years, and ratifying the cost auditor's remuneration. The annual report highlights strong FY25 performance with revenue nearly doubling from Rs. 801 Cr to Rs. 1,571 Cr, PAT jumping 149% to Rs. 115 Cr, and a record order book of Rs. 5,342 Cr (up from Rs. 1,759 Cr). The company also raised Rs. 162.5 Cr via preferential issue and warrants, and its CRISIL rating was upgraded to A/Stable.

Likely market impact

The strong FY25 results, surging order book, and new business entries into BESS, defence, and data centres signal robust growth momentum. However, the very small dividend of just Rs. 0.10 per share offers minimal direct return to shareholders, while the proposed revision in CMD and director remuneration may be a point of focus for institutional investors.