Announced Fri, 17 Jul · 14:11 IST

Bondada Engineering gets Rs 10.44 cr order for BSNL telecom towers

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+2.8%1-day move
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AI summary

Bondada Engineering has received an order worth about Rs 10.44 crore from Veremax Technologie Services for supplying BSNL 40-meter telecom towers, foundation bolts and templates across South India. Delivery is to be completed within 3 months through subsidiary Bondada Green Engineering, which runs the company's tower manufacturing facilities. The order is domestic and there is no related party interest.

Likely market impact

New Rs 10.44 cr domestic order adds to telecom infrastructure revenue, to be delivered within 3 months via subsidiary.